StoneX Group acquires Right Corp, expanding global trading capabilities

StoneX Commodity Solutions, a subsidiary of StoneX Group (SNEX), announced the completion of its acquisition of Right Corporation, a Bozeman, MT physical meat-trading company. The acquisition enhances StoneX’s global trading capabilities, extends Right Corporation’s market reach and capitalizes the company for growth. With StoneX’s support, Right Corporation intends to build on relationships with existing suppliers, traders and end-users. Additionally, Right Corporation’s physical supply and trading capability will allow StoneX to provide pricing services that are currently offered through its OTC swap desk, which provides financial hedges on meat cuts to packers and end-users.