StoneX Financial Europe GmbH (SFEG), a subsidiary of StoneX Group Inc. (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.”
