What types of fixed income products does StoneX specialize in?

StoneX trades in a broad range of fixed income products, offering liquidity in U.S. Government and Agency Debt (including Treasury Notes, Treasury Bonds, and Treasury Bills), Securitized Products (including asset-backed securities, pass-through MBS, collateralized mortgage obligations, and collateralized debt obligations), municipal securities, convertible debt, U.S. credit, and emerging and frontier market sovereign debt.

Where does StoneX trade fixed income securities?

The Fixed Income Division of StoneX has traders and analysts around the world with offices on several continents. We offer our clients the ability to trade fixed income securities around the world, ranging from U.S. government bonds to emerging market sovereign debt in Latin America, Central America, Asia, Africa, and the Middle East. We provide our clients with trading execution, product knowledge, and investment analysis across these regions by relying on the deep market knowledge of our traders, salesforce and research analysts.

How do interest rates affect fixed income investments?

Interest rates have a significant impact on fixed income investments because they determine the yield that the investment will provide. When interest rates rise, the yield on fixed income investments also increase whereas the prices fall, making them more attractive to investors. Conversely, when interest rates fall, the yield on fixed income investments decreases, which can make them less appealing to investors.

What are the benefits of investing in fixed income securities?

Fixed income investments provide stable income streams and are generally considered less risky than other types of investments, such as stocks. They also offer a predictable return on investment, which can be attractive for investors who are looking for steady income or want to protect their wealth.

What are some of the risks associated with fixed income investments?

Fixed income investments are not without risks. One risk is interest rate risk, which occurs when interest rates rise, causing the value of fixed income investments to decline. Other risks include credit risk, liquidity risk, and inflation risk. It's important for investors to understand these risks and choose investments that align with their investment goals and risk tolerance.

How can investors diversify their fixed income investments?

Investors can diversify their fixed income investments by investing in a variety of fixed income products, such as bonds, Treasury securities, and money market funds. They can also diversify by investing in fixed income products with varying maturities and credit ratings. By diversifying, investors can spread their risk and potentially improve their overall investment returns.

How much does the policy of the Federal Reserve affect the movement of a bond’s price?

The Federal Reserve policies do not directly change the prices of corporate bonds, but they can influence the overall bond market greatly. Certain bonds, specifically longer-term investment grade bonds, are sensitive to changes in yield and will react considerably to fed policies. That’s not the case for all bonds, as instruments such as distressed bonds generally are not affected by fed policies.

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StoneX’s Fixed Income division is focused on delivering best-in-class, high-touch services to help support our clients’ strategic business objectives and portfolio goals.

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Interest rate swaps

Protect against volatility and hedge against adverse rate movements with interest rate swaps from StoneX Markets.

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Interest rate risk products

Guard against interest rate fluctuations with StoneX's tailored risk management solutions.

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Clearing & custody services

StoneX pairs international clearing and custody service with top-tier customer service to tailor solutions for a variety of correspondents.

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Capital markets & advisory

Partner with StoneX Capital Markets for financing, funding and liquidity solutions to meet your growth targets.

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Access deep liquidity. Manage risk. Discover opportunity.

Drawing on decades of expertise and the financial strength of parent company StoneX Group Inc., our Global Fixed Income Group provides consistent liquidity across a robust array of fixed income products to a broad range of institutional clients.

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Rates products

The StoneX Rates Group provides institutional clients with extensive product knowledge, sales and trading in the rates markets and access to global liquidity opportunities. The StoneX Municipal Securities team offers a wide array of capital market solutions, including competitive underwriting, sales and trading. Our products and capabilities include:

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Global interest rate products

Agency debt

Municipal securities

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Repo and collateral financing

Credit products

The StoneX Credit Trading desk provides clients worldwide with robust trading of credit products designed to outperform benchmarks and discover overlooked assets in an ever-changing market.

Our network of credit professionals across the globe covers corporate and sovereign debt, actively trades in every sector, offers advisory and restructuring expertise, and provides local coverage from more than 40+ StoneX regional office locations.

Investment grade credit
ETFs/ETPs
Leveraged loans
International markets
Special Purpose Acquisition Companies (SPACs)
High yield credit
Convertible bond

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Agency MBS

The Agency MBS desk carries an extensive inventory and trades a full range of mortgage products in the secondary markets, including Agency Pass-Throughs/Spec Pools, Agency CMBS and Agency CMOs. We offer specialized, high-touch support to our clients so they can meet their business objectives.

We are also active in new issue GeMS, DUS and Ginnie Project loans and provide value through tailoring bonds to fit specific yield and duration targets for our clients.

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Structured credit

The Structured Credit Group delivers superior liquidity and service to clients by leveraging our deep market expertise and relationships cultivated over decades of experience, across a broad spectrum of products. We can help you achieve all your funding, liquidity, and risk management objectives.

Structured credit sales and trading:

RMBS
CRT
ABS
CMBS
CLOs

Structured credit banking:

Cross product securitization
Private credit and advisory services

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Debt capital markets

The StoneX Debt Capital Markets group (DCM) offers a full range of primary origination services to its corporate clients. With a 30-year track record of proven execution in the market, we focus on areas where we can add the most value for our institutional clients: providing liquidity, sourcing assets, timely execution and new idea generation. Leveraging the bulge bracket background of its partners and StoneX’s global distribution capabilities, we can devise and execute creative financing solutions in:

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Private credit advisory
Convertible bond issuance
Public and 144a bond issuance
Special situations advisory
Liability management services
Reg S

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Joint bookrunner

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FAQ

StoneX: We open markets

Our market expertise, advanced platforms, global reach, culture of full transparency and commitment to our clients’ success all set us apart in the financial marketplace.

Reach

With access to 40+ derivatives exchanges, 180+ foreign exchange markets, nearly every global securities marketplace and numerous bi-lateral liquidity venues, StoneX’s digital network and deep relationships can take clients anywhere they want to go.

Transparency

As a publicly traded company meeting the highest standards of regulatory compliance in the markets we serve; our financials and record of accomplishment are matters of public record. StoneX’s commitment to “doing the right thing over the easy thing” sets us apart in the industry and helps us build respect, client trust and new partnerships.

Expertise

From our proprietary Market Intelligence platform, to “boots on the ground” expertise from award-winning traders and professionals, we connect our clients directly to actionable insights they can use to make more informed decisions and achieve their goals in the global markets.

The subsidiaries of StoneX Group Inc. provide financial products and services, including, but not limited to, physical commodities, securities, clearing, global payments, risk management, asset management, foreign exchange, and exchange-traded and over-the-counter derivatives. These financial products and services are offered in accordance with the applicable laws in the jurisdictions in which they are provided and are subject to specific terms, conditions, and restrictions contained in the terms of business applicable to each such offering. Not all products and services are available in all countries. The products and services offered by the StoneX Group of companies involve risk of loss and may not be suitable for all investors. Full Disclaimer.

This website is not intended for residents of any particular country, and the information herein is not advice nor a recommendation to trade nor does it constitute an offer or solicitation to buy or sell any financial product or service, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Please refer to the Regulatory Disclosure section for entity-specific disclosures.

No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc. The information herein is provided for informational purposes only. This information is provided on an ‘as-is’ basis and may contain statements and opinions of the StoneX Group of companies as well as excerpts and/or information from public sources and third parties and no warranty, whether express or implied, is given as to its completeness or accuracy. Each company within the StoneX Group of companies (on its own behalf and on behalf of its directors, employees and agents) disclaims any and all liability as well as any third-party claim that may arise from the accuracy and/or completeness of the information detailed herein, as well as the use of or reliance on this information by the recipient, any member of its group or any third party.

StoneX Financial Inc. (“SFI”) is a member of FINRA/NFA/SIPC and registered with the MSRB. SFI is registered with the U.S. Securities and Exchange Commission (“SEC”) as a Broker-Dealer and with the CFTC as a Futures Commission Merchant and Commodity Trading Advisor. References to securities trading and prime services are made on behalf of the BD Division of SFI. References to exchange-traded futures and options are made on behalf of the FCM Division of SFI. You can learn more about the background of StoneX Financial Inc. on BrokerCheck.

Wealth management services are offered through StoneX Wealth Management, a trade name used by StoneX Securities Inc., member FINRA/SIPC and StoneX Advisors Inc. StoneX Securities Inc. and StoneX Advisors Inc. are wholly owned subsidiaries of StoneX Group Inc. You can learn more about the background of StoneX Securities Inc. on BrokerCheck.

StoneX One is a proprietary online trading platform through which investors and traders can open securities accounts. Accounts opened through StoneX One are currently available to U.S. persons only. Not all products are available. StoneX One accounts opened through StoneX Securities Inc. are introduced to and custodied at StoneX Financial Inc. (SFI), and all customer orders will be transmitted to SFI for execution, clearance and settlement.

Securities products offered by StoneX Financial Inc. (“SFI”) are intended only for an audience of institutional clients only. Securities products offered by StoneX Securities Inc. and investment advisory services offered by StoneX Advisors Inc. are intended for an audience of retail clients only.

This information is not a recommendation to trade nor investment research or an offer to buy or sell any derivative or security. It does not take into account your particular investment objectives, financial situation or needs and does not create a binding obligation on any of the StoneX Group Inc. of companies to enter into any transaction with you. You are advised to perform an independent investigation of any transaction to determine whether any transaction is suitable for you.

Additional disclosures can be found on https://www.stonex.com/en/compliance-library/

StoneX Financial Pte Ltd (“SFP”) (Co. Reg. No 201130598R) is regulated by the Monetary Authority of Singapore (“MAS”) as a Capital Markets Service Licence holder (for dealing in capital market products), an Exempt Financial Adviser (for advising on investment products and issuing or promulgating analyses/ reports on investment products) and a Major Payment Institution (for domestic and cross-border money transfer services).

StoneX Financial (HK) Limited (CE No.: BCQ152) (“SHK”) is regulated by the Hong Kong Securities and Futures Commission for dealing in securities and dealing in futures contracts.

StoneX Financial Pty Ltd (“SFA”) (ACN: 141 774 727) holds an Australian Financial Service License (AFSL: 345646) for Dealing in Securities, Exchange-Traded Derivatives Contracts, OTC Derivatives Contracts and Foreign Exchange Contracts and is regulated by the Australian Securities and Investments Commission.

StoneX Securities Co., Ltd. (“SSJ”) (Co. Reg. No 010401047199) is regulated by the Japanese Financial Services Agency as a Type-I Financial Instruments Business Operator (Kanto Local Finance Bureau (FIBO)No.291’), is a member of the Financial Futures Association of Japan for dealing and brokering FX and FX Option transactions, and is a member of the Japan Securities Dealers Association for dealing and brokering stock indices and option transactions.