NEW YORK, Jan. 28, 2019 /PRNewswire/ -- INTL FCStone Inc. (NASDAQ: INTL), a leader in the development of specialized financial services in commodities, securities, global payments, foreign exchange and other markets, today announced that Commodity Research Group's Edward Meir, exclusive metals independent consultant to INTL FCStone Financial Inc., was ranked first overall for his 2018 base metals price predictions and fourth for precious metals in the Fastmarkets/Metal Bulletin's APEX analyst survey. The 2018 rankings solidify almost a decade long run for Meir as one of the most accurate analysts in terms of base and precious metal price predictions.
Metal Bulletin complies a quarterly leaderboard of analysts who are ranked based upon the accuracy of their most recent price predictions for the metals traded on the London Metal Exchange. The winner is determined by having each firm or analyst provide their latest forecasts for each metal at the beginning of the quarter. At the conclusion of each quarter, the individual forecasts are analyzed and given a definitive accuracy ranking before the results are published. The overall ranking is based on the average variance across all forecasts received, the yearly ranking is then determined by the aggregate of the stats from all four quarters.
Meir shared his thoughts on being named as one of Metal Bulletin's top analysts for 2018, ""I am extremely honored to have secured a number one ranking among my peers for Metal Bulletin's annual APEX 2018 base metals survey. Needless to say, markets these days are frequently influenced by events beyond the scope of traditional commodity forecasting and so to have such a good result and to be recognized for it is indeed very satisfying. My thanks to Fastmarkets/Metal Bulletin, INTL FCStone and most of all, to our many devoted readers. Let's see what 2019 has in store!"
Previously, Meir received the #1 analyst ranking for base metals in 2011, 2014 and 2015 and so has taken the number one spot in four out of the last eight years. Meir has also obtained a top five precious metals ranking in three of the past five years (2013-2018). Meir's Commodity Research Group has been retained exclusively by INTL FCStone as an independent commodity consultant for both base and precious metals.
About INTL FCStone Inc.
INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world.
A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on NASDAQ under the ticker symbol "INTL".
Further information on INTL FCStone is available at www.intlfcstone.com.
Media Contact
Jay A. Morakis
M Group Strategic Communications (for INTL FCStone Ltd)
+1 646 859 5951
[email protected]
INTL-G
SOURCE INTL FCStone Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article