StoneX and Expana to Launch OTC Dairy Derivatives
StoneX (NASDAQ: SNEX) and Expana announced a collaboration to launch a new suite of over-the-counter dairy derivatives referencing Expana’s IOSCO-assured EU dairy benchmarks on October 7, 2025. The initial contracts will cover fat-filled milk powder and high-protein whey, with plans to expand to additional dairy products.
StoneX Plus users will gain direct access to Expana benchmarks within their trading workflow, intended to improve price transparency, liquidity, and hedging tools for global dairy market participants.
StoneX (NASDAQ: SNEX) e Expana hanno annunciato una collaborazione per lanciare una nuova suite di strumenti derivati lattiero-caseari OTC che facciano riferimento agli IOSCO-assured EU dairy benchmarks di Expana il 7 ottobre 2025. I contratti iniziali copriranno latte in polvere arricchito di grassi e siero di latte ad alto contenuto proteico, con piani di espandersi ad altri prodotti lattiero-caseari.
Gli utenti StoneX Plus avranno accesso diretto ai benchmark di Expana all'interno del loro flusso di lavoro di trading, con l'obiettivo di migliorare la trasparenza dei prezzi, la liquidità e gli strumenti di copertura per i partecipanti al mercato lattiero-caseario globale.
StoneX (NASDAQ: SNEX) y Expana anunciaron una colaboración para lanzar una nueva suite de derivados lácteos OTC que haga referencia a los benchmarks lácteos de la UE asegurados por IOSCO de Expana, el 7 de octubre de 2025. Los contratos iniciales cubrirán polvo de leche entera con grasa y suero de leche de alta proteína, con planes de expandirse a otros productos lácteos.
Los usuarios de StoneX Plus obtendrán acceso directo a los benchmarks de Expana dentro de su flujo de trabajo de trading, con la intención de mejorar la transparencia de precios, la liquidez y las herramientas de cobertura para los participantes del mercado lácteo global.
StoneX (NASDAQ: SNEX)와 Expana는 Expana의 IOSCO-보증 EU 유제품 벤치마크를 참조하는 새로운 OTC 유제품 파생상품 제품군을 2025년 10월 7일에 출시하기로 협력했다고 발표했다. 초기 계약은 지방이 함유된 우유 분말과 고단백 유청을 다루며, 향후 다른 유제품으로 확장할 계획이다.
StoneX Plus 사용자는 거래 워크플로 내에서 Expana 벤치마크에 직접 접근하게 되어 전 세계 유제품 시장 참가자들의 가격 투명성, 유동성 및 헤지 도구의 개선을 목표로 한다.
StoneX (NASDAQ: SNEX) et Expana ont annoncé une collaboration pour lancer une nouvelle gamme de derivés laitiers OTC qui feront référence aux benchmarks laitiers de l’UE assurés par l IOSCO d Expana le 7 octobre 2025. Les contrats initiaux couvriront la poudre de lait enrichie en matières grasses et la whey à haute teneur en protéines, avec des plans d’étendre à d’autres produits laitiers.
Les utilisateurs de StoneX Plus auront un accès direct aux benchmarks d Expana dans leur flux de travail de trading, dans le but d’améliorer la transparence des prix, la liquidité et les outils de couverture pour les participants du marché laitier mondial.
StoneX (NASDAQ: SNEX) und Expana gaben eine Zusammenarbeit bekannt, um eine neue Suite von OTC Milch-Derivaten einzuführen, die sich auf Expanas IOSCO-gesicherte EU-Dairy-Benchmarks bezieht, am 7. Oktober 2025. Die anfänglichen Verträge decken fettgefülltes Milchpulver und hochproteinhaltige Molke ab, mit Plänen, auf weitere Milchprodukte auszuweiten.
StoneX Plus-Nutzer erhalten direkten Zugriff auf Expana-Benchmarks innerhalb ihres Handels-Workflows, mit dem Ziel, Preistransparenz, Liquidität und Absicherungsinstrumente für globale Milchwirtschaftsteilnehmer zu verbessern.
StoneX (ناسداك: SNEX) و Expana يعلنان عن تعاون لإطلاق مجموعة جديدة من المشتقات اللبنية OTC التي ستreferن إلى معايير الألبان في الاتحاد الأوروبي المعتمدة من IOSCO الخاص بـ Expana في 7 أكتوبر 2025. العقود الأولية ستغطي مسحوق الحليب الدهني و مصل الحليب عالي البروتين، مع خطط للامتداد إلى منتجات ألبان أخرى.
سيوفر مستخدمو StoneX Plus وصولاً مباشرًا إلى معايير Expana ضمن سير عمل التداول الخاص بهم، بهدف تحسين شفافية الأسعار والسيولة وأدوات التحوط للمشاركين في سوق الألبان العالمي.
StoneX（纳斯达克：SNEX） 与 Expana 宣布合作，将于 2025 年 10 月 7 日推出一套新的 OTC 乳制品衍生品，以 Expana 的 IOSCO 保障的欧盟乳制品基准为参考。初始合约将涵盖 脂肪乳粉 和 高蛋白乳清粉，计划扩展到其他乳制品。
StoneX Plus 用户将在其交易工作流中直接获得对 Expana 基准的访问，旨在提高全球乳品市场参与者的价格透明度、流动性和对冲工具。
- Launch of OTC dairy derivatives referencing IOSCO-assured benchmarks
- Initial contracts cover fat-filled milk powder and high-protein whey
- Direct integration into StoneX Plus trading workflow
- Aimed to improve price transparency and liquidity for dairy markets
- No disclosed financial terms, revenue or timing for expansion
- Coverage initially limited to two dairy products
HAMBURG, Germany, Oct. 07, 2025 (GLOBE NEWSWIRE) -- StoneX Financial Europe GmbH (“SFEG”), a subsidiary of StoneX Group Inc. (“StoneX”; NASDAQ: SNEX), has announced a collaboration with Expana to launch a new suite of OTC dairy derivatives referencing Expana’s IOSCO-assured EU dairy benchmarks. The partnership expands the range of risk management tools available to the global dairy industry and enhances price transparency.
The first contracts will cover fat-filled milk powder and high-protein whey, with plans to broaden coverage to additional dairy products over time. StoneX Plus users will gain direct access to Expana’s benchmarks within their trading workflow, enabling market participants to make more informed hedging and risk management decisions.
“This collaboration with StoneX marks a major milestone for the dairy industry. By combining Expana’s independent IOSCO-assured benchmarks with StoneX’s unmatched leadership in OTC and futures dairy markets, we are building the tools that will underpin more effective and transparent dairy risk management for years to come,” said Spencer Wicks, CEO of Expana.
“Our clients in the global dairy sector are increasingly looking for new ways to manage risk and respond to market volatility,” said Liam Fenton, Global Head of Dairy & Food Group, StoneX. “By working with Expana, we are giving them access to reliable, independent benchmarks that will help improve liquidity, support more transparent pricing, and ultimately strengthen risk management across the industry.”
About StoneX
A Fortune 50 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ: SNEX), StoneX Group Inc. and its more than 4,700 employees serve over 54,000 commercial, institutional, and payments clients, as well as more than 400,000 retail accounts, across more than 80 offices on six continents. Further information is available at www.stonex.com.
About Expana
Expana is the world’s leading agrifood-focused price reporting agency and global information provider, enabling organizations to make smarter strategic decisions. In markets defined by volatility, opacity, and risk, Expana equips organizations with the foresight to know when to buy or sell, how much, where to source, what to reformulate, and how to price. By uniting frequently updated pricing data, predictive forecasts, cost modeling, and expert analysis, Expana transforms market data into negotiation power and boardroom-ready intelligence. For more information, visit https://www.expanamarkets.com/product/expana-platform/.
SNEX-G
For press enquiries please contact Emmaline.Windaler@cognitomedia.com
FAQ
What did StoneX and Expana announce on October 7, 2025 regarding SNEX?
Which dairy products will the new SNEX-referenced OTC contracts cover first?
How will StoneX Plus users benefit from the Expana collaboration?
Does the announcement specify financial terms or launch dates for SNEX derivatives?
What is the investor implication of using IOSCO-assured benchmarks with SNEX products?
