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StoneX Financial Awarded General Clearing Member Status by ECC

StoneX Group announced that its wholly owned subsidiary, StoneX Financial Limited has been awarded General Clearing Member (GCM) status by European Commodity Clearing AG (“ECC”). According to a story in MarketsMedia news, ECC is the leading clearinghouse specializing in energy and commodity products in Europe, providing clearing and settlement services for exchanges and over-the-counter markets, ensuring financial stability and mitigating counterparty risk in the trading of energy and commodities. A key benefit for StoneX Financial is the ability to deliver an expanded range of services to a broader client base, including Non-Clearing Members (NCMs). This enhanced product suite includes power and gas futures and spot contracts, EEX carbon auctions, spot and futures products, and broader market coverage across the wider EEX offering. Additionally, it strengthens customer service capabilities for clients navigating power, gas, and carbon markets.

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