INTL FCStone CEO Sean O'Connor Becomes President of the Company

Following a stellar year for shareholders of INTL FCStone Inc. (NASDAQ:INTL), the President of the company Scott Branch will be relinquishing his position to CEO Sean M. O'Connor. After being appointed as Chief Operating Officer (COO) in 2009 following the merger between FCStone Group Inc. and the International Assets Holding Corporation, Mr. Branch will be retiring in 2016.

The executive reshuffling is part of a well planned transition for INTL FCStone Inc. (NASDAQ:INTL). The CEO of the company Sean O'Connor will be taking the position of president, while Mr. Branch will remain as director until the end of next year.

Xuong Nguyen will be appointed as COO to replace Mr. Branch from October 1st after serving as Executive Vice President of the FCM Division of the firm's subsidiary INTL FCStone Financial Inc.

The former Global Head of Risk, Tricia Harrod will become the firm's Chief Risk Officer as part of the executive restructuring.

Throughout the year, INTL FCStone Inc. (NASDAQ:INTL) has been one of the top performing financial services companies traded on the NASDAQ, with its shares currently trading more than 45 per cent higher than a year ago.

The company specializes in providing financial services in commodities, over-the-counter (OTC) products, securities, global Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, foreign exchange and others. Boasting veteran teams in London, New York, Chicago and Sao Paulo, the company provides a variety of services to corporate hedgers, hedge funds, brokers and other financial institutions.

Back in April, a subsidiary of INTL FCStone Inc. (NASDAQ:INTL), introduced a new offering to select users of the renowned Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for institutional clients CQG, providing them with a full suite OTC foreign exchange trading capability on more than 75 FX pairs.