NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (NASDAQ:SNEX) has received approval from CME Group for its New York vault, authorizing it to store and deliver gold (including enhanced delivery), silver, platinum, and palladium under COMEX and NYMEX contracts. The designation enables clients to make and take delivery of CME-eligible metals directly through StoneX—enhancing the firm's vertically integrated offering in precious metals.
This approval allows StoneX clients to access the COMEX and NYMEX delivery network via the firm's New York vault, streamlining the process for institutional traders, banks, refiners, and bullion dealers seeking secure, regulated storage and direct access to the exchange. This development comes amid a record influx of physical metal into New York, with COMEX inventories surpassing 43 million ounces of gold in Q1 2025. As global demand for U.S.-based storage grows, StoneX's new depository enhances market infrastructure, expands client delivery options, and reinforces the firm's global capabilities in physical metals logistics.