FCStone has implemented the TwoFour System to manage its proprietary foreign exchange positions and P&L.

FCStone is utilizing the TwoFour System in its Chicago office for trade processing, position and risk management for FX. The system has real-time interfaces to third-party systems for trade confirmations and rates.

In a statement, Edgar Ramon, Global Head of Foreign Exchange at FCStone Forex, said, "We are committed to taking the necessary steps to position FCStone for profitable growth. With this implementation, our traders will have access to information in real-time and be able to make more effective trading decisions. We selected the TwoFour System due to the scale of its functionality for trading support. We are already seeing a positive ROI and are confident that TwoFour will be able to provide the support we need going forward."

Added Chris Davis, co-founder of TwoFour, "This implementation is another strong endorsement of TwoFour's ability to support high frequency trading businesses. In this economic environment, our clients are seeking effective solutions to increase profits and improve risk management and transparency. FCStone recognized the need for real-time position and P&L information, as well as flexible blotters. As a result, it is now benefiting from high performance FX and financial futures trade processing and associated customized work flows."