NEW YORK, Oct. 20, 2011 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (Nasdaq:INTL) today announced the appointment of Tovin Honeysett as an Energy Risk Management Consultant with its Australian-based subsidiary, FCStone Australia Pty Ltd. Honeysett will introduce the Australian energy industries to the scope of services offered by INTL FCStone, focusing primarily on crude oil, refined fuel products, coal and carbon.
Honeysett joins INTL FCStone from oil trader Trafigura Ltd., where he served as an energy derivatives trader. Previously, Honeysett was Senior Futures and Options Broker with BNP Paribas Futures Ltd. in London and held a fixed income and equity broker role with JP Morgan Australia.
Peter Rizzo, Managing Director of FCStone Australia Pty Ltd., said, "Tovin's appointment and the firm's corresponding move into the energy commodity risk management space represents a tremendous opportunity for INTL FCStone to add further value to its client base. Tovin's energy expertise and INTL FCStone's resources will serve our energy customers well."
Honeysett added, "I'm thrilled to be part of a team so committed to helping our clients mitigate their energy price risk. I am looking forward to familiarizing INTL FCStone's range of services to Australia's energy producers and consumers."
About INTL FCStone Inc.
INTL FCStone Inc. provides execution and advisory services in commodities, currencies and international securities. INTL FCStone'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 our network of offices around the world. Further information on INTL FCStone Inc. is available at www.intlfcstone.com.
CONTACT: INTL FCStone Inc.
Bill Dunaway
866-522-7188
bdunaway@intlassets.com