In a press statement released on 13 June 2018, New York-based INTL FCStone chief executive, Philip Smith said, “This acquisition represents a tremendous opportunity to leverage a very strong European client base… At the same time this acquisition provides an EU-based footprint for INTL FCStone post-Brexit.”

As for Carl Kliem, managing director Mika Valanki commented, “This is a tremendous opportunity for us to expand our array of exchange traded and over-the-counter products… and will allow us to offer significantly increased clearing capabilities and global market access.”