StoneX makes Farm Advantage app available in Canada
StoneX Financial (Canada) Inc, a subsidiary of StoneX Group Inc. (NASDAQ:SNEX), announces that its Farm Advantage mobile app is now available in Canada, providing Canadian grain farmers and livestock producers with streamlined accessibility to key market data and tools.
Launched initially in the US in March 2022, Farm Advantage provides users direct access to market quotes, commentary, cash bids, weather, trading account positions and balances and margin tracking tools all in one free app.
Canadian producers can now access futures pricing, historical futures market charting, option premiums and competitive cash brokerage bids for specialty crops such as milling and feed quality grains, oilseeds and pulses. Farm Advantage also provides a profit calculator covering multiple commodities, including canola, wheat and soybeans.
Clients of StoneX can see trade positions, profitability, margin values and statements for their trading accounts in the app. The app is available to download regardless of whether a user is an existing StoneX client.
Jason Labossiere, Senior Risk Management Consultant, StoneX Financial (Canada) Inc. commented:
“With our clients always on the go, Farm Advantage provides the information they need to make their hedging decisions, like futures and options pricing and market analysis. Our clients can access this information at their fingertips anywhere and anytime when they are outside the office.”
Cassie Adolf, Senior Vice President, StoneX Financial Inc., FCM Division, commented:
“Making the Farm Advantage app available to Canadian producers furthers StoneX’s commitment to empower the farming sector with the data, tools, and intelligence producers need to enhance their trading, pricing and risk management decisions in a transparent and convenient way. It also furthers our drive to digitize our key solutions and expand our offerings in key markets.”
Farm Advantage is free to download and available for both iOS (via Apple App Store) and Android (via Google Play store) users.