Thursday, June 20, 2024
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HomeIndustry NewsStoneX and City Index reap benefits of sponsoring London-based Saracens rugby teams
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StoneX and City Index reap benefits of sponsoring London-based Saracens rugby teams

StoneX Financial Inc. can say it has picked the right team for its rugby sponsorship deal. The men’s and women’s team of London-based Saracens have completed a very successful season.

The StoneX Stadium, which hosts the Saracens’ home games, has seen the Saracens Women being crowned as champions of the Premier 15s while the men’s team made it to the Gallagher Premiership final this past weekend.

Both StoneX and City Index, two leading brokers in the UK, are reaping the benefits of sponsoring the Saracens as fans go wild with their favorite team’s successes.

Looking forward to next season at StoneX Stadium

Philip Smith, Chief Executive, EMEA of StoneX Financial Ltd, said: “I would like to share my congratulations from all at City Index and StoneX to Saracens on what has been a truly tremendous season. Saracens Women brought home their third title in four years and the men’s team reached the final in their first season back in the Premiership. This illustrates why Saracens are one of the most recognisable and successful symbols in club rugby.

“We are delighted with our continued partnership as lead sponsor. The hard work and dedication shown by the players, staff and supporters represents how we at StoneX work on behalf of our clients. We are already looking forward to taking our seats for the 2022/23 season at StoneX Stadium.”

Lucy Wray, Chief Executive Officer of Saracens, commented: “StoneX and City Index took a chance on Saracens and their backing is a massive reason why this season has been so successful for the club both on and off the pitch. They have literally stood shoulder to shoulder with us and we could not be prouder to call them our partners. The women’s victory in the Premier 15s was special in so many ways but it is huge credit to a group of individuals that worked enormously hard for each other. The men reaching the final in their first season back in the Gallagher Premiership is commendable and down to incredible talent, togetherness, loyalty, immense hard work and resilience by so many. We didn’t quite take home the trophy but nothing should take away from the achievement. We look forward to driving our partnership even further and enjoying many more memories together.”

StoneX serves more than 50,000 commercial and institutional clients, and more than 370,000 active retail accounts, from more than 80 offices spread across six continents.

City Index is part of StoneX group after the latter’s acquisition of GAIN Capital for $236 million in equity value two years ago. StoneX provides access to 36 derivatives exchanges, 180 foreign exchange markets, nearly every global securities marketplace and a number of bi-lateral liquidity venues.

City Index has recently revamped its whole branding to better suit the broker’s multi-asset trading mission.

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