
FCStone is delighted to be opening this European operation here in Dublin and we look forward to establishing a new and valuable activity to investment management in Ireland. It is with eager anticipation we look towards forging strong, deep economic relations with Ireland in the future

Dublin, Minister for Enterprise, Trade and Innovation, Batt O’Keeffe T.D., (June 29th 2010), today welcomed the announcement by FCStone Group, the US based integrated commodity risk management company and a wholly owned subsidiary of International Assets Holding Corporation, that it is to establish its European Headquarters in Dublin with the creation of 26 new jobs supported by the Irish Government through IDA Ireland. The front office risk management services to be carried out in this new operation are the first of their kind to be established in Europe and represent a significant win for Ireland.
The investment will result in 26 new high end positions being created in the areas of client focus and support services. Potential customers for the new business are those involved in the production of food commodities, both medium sized SME’s and multinational companies including fast food services restaurants, large food processors, manufacturing companies and co-operatives.
Announcing the jobs, Minister O'Keeffe said: 'FCStone's initial investment in Ireland is a win without parallel in our rapidly growing financial services sector. The decision by a company of FCStone's calibre to establish its European hub here shows Ireland can beat competitors for high-quality investments and generate good jobs for our highly educated workers. The risk management activities that will be undertaken in Dublin are an important part of the financial services sector and the Government's focus is on attracting more "smart" jobs like these.'
Pete Anderson CEO of FC Stone said, “FCStone is delighted to be opening this European operation here in Dublin and we look forward to establishing a new and valuable activity to investment management in Ireland. FCStone is also considering the viability of future Research and Development (R&D) operations in Ireland given the country’s strong R&D reputation. It is with eager anticipation we look towards forging strong, deep economic relations with Ireland in the future.”
IDA CEO Barry O’Leary said, ‘On behalf of IDA Ireland I welcome the decision by FC Stone to establish the company’s European Headquarters in Dublin. This investment demonstrates the strength of Ireland’s reputation as a leading location for the international financial services sector. This is a unique investment for Ireland’s investment management portfolio and IDA looks forward to supporting FC Stone as it grows its operations here with the potential to add research and development capabilities in the future.’
For further information please contact:
IDA Ireland
Gillian Lawless, Press Officer, 01-6034095
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