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Share Name | Share Symbol | Market | Type |
---|---|---|---|
International Assets Holding Corp. (MM) | NASDAQ:IAAC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 23.86 | 0 | 01:00:00 |
The Chicago-based Hanley is a trading firm that makes markets in exchange-traded agricultural options and provides complex over-the-counter (OTC) structured products for commercial users. As a result of the all-cash transaction, the Hanley companies have been combined with the existing OTC trade desk of FCStone Group, a wholly owned subsidiary of INTL, to provide a completely integrated solution for the INTL/FCStone global commercial customer base. This combination brings together the deep relationships of INTL/FCStone's global brokerage and sales network with the trading and risk management expertise of Hanley.
Details about the transaction, including the July 6th announcement and subsequent 8-K filing to the Securities and Exchange Commission (SEC), can be found on the Investor Relations section of the International Assets Holding Corporation website at www.intlassets.com.
About International Assets Holding Corporation
International Assets Holding Corporation (INTL) provides execution and advisory services in commodities, currencies and international securities. INTL's businesses, which include the commodities advisory and transaction execution firm FCStone Group, serve more than 10,000 commercial customers in more than 100 countries through a network of offices in eleven countries around the world. Further information on INTL is available at www.intlassets.com.
Forward Looking Statements
This press release includes forward-looking statements including statements regarding the combined company. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to International Assets Holding Corporation, are intended to identify forward-looking statements.
These forward-looking statements are based largely on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the combined company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by International Assets with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release.
These forward-looking statements speak only as of the date of this press release. International Assets undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.
CONTACT: International Assets Holding Corporation Bill Dunaway 866-522-7188 bdunaway@intlassets.com
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