StoneX Expands Birmingham Hub with 46,000 sq ft Office | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
On Thursday, StoneX Group announced an expansion of its operations in Birmingham, Alabama, opening a new 46,000 square foot office that will accommodate nearly 90 additional employees over the next three to five years.
The new office at Protective Center will provide 310 seats and includes state-of-the-art audio and visual facilities, collaboration areas, conference rooms, a cafeteria, coffee shop, and fitness centre.
Birmingham has served as a core operational location for StoneX for more than 25 years, hosting securities clearing functions and infrastructure that support the firm’s international business across securities, commodities, and foreign exchange.
StoneX’s heritage in the city includes the legacy of Sterne Agee, historically one of the largest broker-dealers in the Southeastern United States, with origins dating to 1901.
Maribeth Williams, Head of Securities Operations at StoneX, said Birmingham’s “deep financial services roots, strong talent base, and supportive business environment make it an ideal location” to continue scaling critical operational capabilities.
Local officials welcomed the announcement as a signal of renewed confidence in the region’s financial services sector. Jefferson County Commissioner Mike Bolin described the expansion as an important inflection point, noting that recent years had been characterised largely by industry consolidation, and that StoneX’s growth represents a meaningful shift.
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