trending Market Intelligence /marketintelligence/en/news-insights/trending/wVPznLqTelO0S13AoMNnjA2 content esgSubNav
In This List

INTL FCStone to acquire Tellimer Group's brokerage business

Blog

Banking Essentials Newsletter: 23rd August edition

Blog

Banking Essentials Newsletter: 9th August Edition

Blog

Navigating Industry Level Credit and Market Risks in the Light of Slow Growth and Interest Rate Hikes

Blog

Kensho Launches Word Error Rate Calculator


INTL FCStone to acquire Tellimer Group's brokerage business

INTL FCStone Inc. agreed to acquire the brokerage business of Tellimer Group, a company providing access, execution and research to institutional investors, corporates and governments.

The deal involves the purchase of Exotix Partners LLP, Tellimer Capital Ltd. (Nigeria) and the broking business of Tellimer Markets Inc. The acquisition price, which was not disclosed in the news release, is not material to INTL FCStone.

Tellimer's research will be distributed to customers of INTL FCStone as part of the deal, the closing of which is subject to limited conditions, including regulatory approval. Once the transaction is completed, Tellimer will continue to provide research, research distribution, technology, analytics and advisory services from London, New York, Dubai, Singapore, Nairobi in Kenya and Lagos in Nigeria.