StoneX Launches New Prime Direct Offerings

StoneX Group (NASDAQ: SNEX) announced on Tuesday that it has launched new Prime Direct offerings under its Prime Services Division, which aims to offer best solutions to clients leveraging its cutting edge prime brokerage technology.

According to the Group, the new offerings are launched to bridge the gap between full-service Prime Brokerage services offered to larger managers and discount brokerage options accessible to emerging investors, making a new breakthrough in giving all clients access to the technological solutions needed to trade the US equities and options markets at an institutional level.

The Prime Brokerage team within StoneX Group provides hedge funds, family offices, mutual funds and other investment managers with a full self-clearing prime services offering combined with introduced prime solutions.

“We' re excited to have this opportunity to leverage our tech platform to offer the best and most economical solutions to emerging managers and family offices," Douglas Nelson, Managing Director and Co-Head of Prime Services at StoneX Financial, said. “As we constantly look to evolve our platform to meet the needs of new managers, we strive to continue providing all of our customers with the same high touch service we' ve been known for throughout the industry.”