To Our Valued Clients:

I have exciting news to share. We’ve just announced that R.J. O’Brien has reached a definitive agreement to merge with StoneX Group Inc. – a premier global financial services organization and Fortune 100 company, with operations in six continents. The combination will significantly strengthen our position as a leading non-bank U.S. FCM in the industry. We expect the transaction, subject to regulatory approvals, to close in the third quarter. The transition after the close will be seamless to our clients while opening up new markets you can access and cross-asset trading opportunities you can leverage. We’ll be able to serve your needs and address any challenges you face even more comprehensively than before.

I’m also pleased to share with you that I will be continuing on with StoneX in an executive leadership role, and you can expect to work with the same talented RJO staff you rely on today. There will be no immediate changes in the way we operate, and the industry will still know us as RJO. Like RJO, StoneX has a deep appreciation and passion for clients and high-touch service, and the firm is particularly enthusiastic about our leading IB Division and strong institutional offering.

This decision was thoughtful and deliberate. The O’Brien family is enthusiastically supportive of this decision and will become a major shareholder in StoneX.  The O’Brien’s wanted to ensure the company would be best positioned to meet the opportunities and potential of the evolving financial services landscape while delivering the best future for all stakeholders – most particularly our clients, IBs and employees. After extensive exploration, I believe we have found just that in StoneX. We share the priorities that have made each of our businesses successful, including an emphasis on outstanding client service, robust technology and prudent risk management.

I’m incredibly proud of the strong bonds we’ve built with our clients, and we’re committed to maintaining and fortifying those relationships as we move forward on this next adventure.

The press release we just issued on the transaction can be found here, and the StoneX release just issued is here. We look forward to sharing further details with you as they become available. In the meantime, as always, please reach out to your usual RJO contacts for anything you need.