FCStone Group, Inc. Key Monthly Performance Metrics for April 2009
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KANSAS CITY, Mo., May 27, 2009 (GLOBE NEWSWIRE) -- FCStone Group, Inc.
(Nasdaq:FCSX), a commodity risk management firm, today reported key monthly
performance metrics for April 2009, as follows:
* OTC volume (in thousands) of 30.8 contracts, compared to 25.7
contracts in March 2009 and 78.5 contracts in April 2008;
* Exchange-traded contract volume (in thousands) of 4,151.9 contracts,
compared to 5,008.8 contracts in March 2009 and 9,512.3 contracts
in April 2008; and
* Customer segregated assets (in millions) of $818.4 as of April 30,
2009, compared to $754.2 on March 31, 2009 and $1,556.4 on April 30,
2008.
As the company has previously announced, the release of these selected monthly
performance metrics is designed to provide more transparency into the ongoing
dynamics of FCStone's operating environment during the above-referenced time
period. The reported performance metrics may fluctuate significantly from month
to month, and therefore are not necessarily indicative of the quarterly or
annual financial performance of FCStone. In addition, other factors not
reflected by the performance metrics may have significant effects on FCStone's
financial performance.
About FCStone Group, Inc.
FCStone Group, Inc., along with its affiliates, is an integrated commodity risk
management company providing risk management consulting and transaction
execution services to commercial commodity intermediaries, end-users and
producers. The firm assists primarily middle market customers in optimizing
their profit margins and mitigating exposure to commodity price risk. In
addition to risk management consulting services, FCStone, LLC, operates one of
the leading independent clearing and execution platforms for exchange-traded
futures and options contracts. FCStone Group, Inc., serves more than 8,000
customers and in the 12 months ended February 28, 2009, executed 86.8 million
derivative contracts in the exchange-traded and over-the-counter markets. The
FCStone Group companies work in all the major commodity areas including
agriculture, energy, renewable fuels, foods, forestry, cotton and textile, dairy
and currency exchange. Headquartered in the Midwest, it has offices located
throughout the world and is a clearing member of all major North American
Futures exchanges. FCStone Group, Inc., trades on the NASDAQ Global Select
Market under the symbol "FCSX."
Forward Looking Statements
This press release may include forward-looking statements regarding, among other
things, our plans, strategies and prospects, both business and financial. 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 FCStone Group, Inc., are intended to identify
forward-looking statements.
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CONTACT: FCStone Group, Inc.
Investor inquiries:
Bill Dunaway
816-457-6246
billd@fcstone.com
Brainerd Communicators, Inc.
Media inquiries:
Joseph LoBello
212-986-6667
lobello@braincomm.com
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