Commodities brokerage FCStone to buy commodities exchange

05/14/2013 | Reuters · Financial Times (tiered subscription model)

INTL FCStone, one of the U.S.'s biggest independent futures brokers, said Tuesday that it intends to buy Cleartrade Exchange, an online commodities exchange based in Singapore. The deal constitutes FCStone's first big push into the Asian market. Terms of the acquisition were not disclosed.

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Reuters · Financial Times (tiered subscription model)

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