In 2019 StoneX Group Inc. acquired the futures and options brokerage and clearing business of UOB Bullion and Futures limited in Singapore. In April, 2019, StoneX launched a prime brokerage division. The new division offers clearing services for hedge funds, mutual funds, and family offices. In February 2020, StoneX announced the acquisition of U.S.-based brokerage GAIN Capital Holdings Inc., primarily known as the operator of retail brands FOREX.com globally and City Index in the UK. The all-cash deal, approved by boards of both companies, was worth about $236 million in equity value.