Regulatory Requirements and Subsidiary Dividend Restrictions (Notes)

12 Months Ended

Sep. 30, 2012

Capital and Other Regulatory Requirements [Abstract]

Regulatory Capital Requirements under Banking Regulations [Text Block]

Regulatory Requirements and Subsidiary Dividend Restrictions

The Company's subsidiary FCStone, LLC is a commodity futures commission merchant registered with the CFTC servicing customers primarily in grain, energy and food service-related businesses. Pursuant to the rules, regulations, and requirements of the CFTC and other regulatory agencies, FCStone, LLC is required to maintain certain minimum net capital as defined in such rules, regulations, and requirements. Net capital and the related net capital requirement may fluctuate on a daily basis. FCStone, LLC also has restriction on dividends, which restricts the withdrawal of equity capital if the planned withdrawal would reduce net capital, subsequent to haircuts and charges, to an amount less than 120% of the greatest minimum requirement.

Pursuant to the requirements of the Commodity Exchange Act, funds deposited by customers of FCStone, LLC relating to their trading of futures and options-on-futures on a U.S. commodities exchange must be carried in separate accounts which are designated as segregated customers’ accounts. Pursuant to the requirements of the CFTC, funds deposited by customers of FCStone, LLC relating to their trading of futures and options-on-futures traded on, or subject to the rules of, a foreign board of trade must be carried in separate accounts in an amount sufficient to satisfy all of FCStone LLC's current obligations to customers trading foreign futures and foreign options on foreign commodity exchanges or boards of trade, which are designated as secured customers’ accounts. See Additional Information of FCStone, LLC Related to Customer Segregated and Secured Funds further below for additional information regarding FCStone, LLC's calculation of segregated and secured customer funds.

The Company's subsidiary INTL FCStone (Europe) is regulated by the Financial Services Authority ("FSA"), the regulator of the financial services industry in the United Kingdom, as a Financial Services Firm under part IV of the Financial Services and Markets Act 2000. The regulations impose daily regulatory capital, as well as conduct of business, governance, and other requirements. The conduct of business rules include those that govern the treatment of client money and other assets which under certain circumstances for certain classes of client must be segregated from the firm's own assets.

The Company's subsidiary INTL Global Currencies Limited is regulated by the FSA as a Payment Institution under the Payment Services Regulations 2009. The regulations impose regulatory capital (reported annually), and conduct of business requirements.

The Company's subsidiary TRX Futures Limited is regulated by the FSA as a Financial Services Firm under part IV of the Financial Services and Markets Act 2000, and was subject to a capital adequacy requirement at September 30, 2012. Subsequent to September 30, 2012, the activities of TRX Futures Limited have been reorganized within INTL FCStone (Europe), and TRX Futures Limited is in the process of dissolution.

The Company’s subsidiary INTL FCStone Securities Inc. ("INTL FCStone Securities") is a registered broker dealer and member of the Financial Industry Regulatory Authority ("FINRA") and is subject to the SEC Uniform Net Capital Rule 15c3-1. This rule requires the maintenance of minimum net capital, and requires that the ratio of aggregate indebtedness to net capital not exceed 15 to 1. A further requirement is that equity capital may not be withdrawn if this ratio would exceed 10 to 1 after such withdrawal.

The Company’s subsidiary FCC Investments, Inc. is a registered broker-dealer and a member of FINRA, and is subject to the SEC Uniform Net Capital Rule 15c3-1.

The Company’s subsidiary FCStone Australia Pty Ltd ("FCStone Australia") is regulated by the Australian Securities and Investment Commission and is subject to a net tangible asset capital requirement. FCStone Australia is also regulated by the New Zealand Clearing Limited, and is subject to a capital adequacy requirement.

FCStone Commodity Services (Europe), Ltd. is domiciled in Ireland and subject to regulation by the Financial Regulator of Ireland, and is subject to a net capital requirement.

INTL FCStone DTVM Ltda. ("INTL FCStone DTVM") is a registered broker-dealer and regulated by the Brazilian Central Bank and Securities and Exchange Commission of Brazil, and is subject to a capital adequacy requirement of $0.7 million. The recently acquired INTL FCStone DTVM, a shell company with no significant operations, had net capital lower than the minimum required amount by less than $0.1 million as of September 30, 2012. The Company expects to remediate this shortfall in net capital of INTL FCStone DTVM for the semi-annual regulatory filing prepared as of December 31, 2012.

Excluding INTL FCStone DTVM, all other subsidiaries of the Company are in compliance with all of their regulatory requirements as of September 30, 2012, as follows:

(in millions)			As of September 30, 2012
Subsidiary	Regulatory Authority	Requirement Type	Actual		Minimum Requirement
FCStone, LLC	CFTC	Net capital	$	124.3	$	86.3
FCStone, LLC	CFTC	Segregated funds	$	1,665.5	$	1,620.5
FCStone, LLC	CFTC	Secured funds	$	89.3	$	77.6
INTL FCStone (Europe)	FSA	Net capital	$	35.0	$	18.8
INTL FCStone (Europe)	FSA	Segregated funds	$	26.4	$	26.4
INTL Global Currencies Limited	FSA	Net capital	$	7.6	$	1.2
TRX Futures Limited	FSA	Capital adequacy	$	8.5	$	4.3
INTL FCStone Securities Inc.	SEC	Net capital	$	2.0	$	1.0
FCC Investments, Inc.	SEC	Net capital	$	0.4	$	0.3
FCStone Australia	Australian Securities and Investment Commission	Net capital	$	1.9	$	1.0
FCStone Australia	New Zealand Clearing Ltd	Capital adequacy	$	11.5	$	1.3
FCStone Europe	Central Bank of Ireland	Net capital	$	1.8	$	0.4

Certain other non-U.S. subsidiaries of the Company are also subject to capital adequacy requirements promulgated by authorities of the countries in which they operate. As of September 30, 2012, these subsidiaries were in compliance with their local capital adequacy requirements.

Additional Information of FCStone, LLC Related to Customer Segregated and Secured Funds

Pursuant to the requirements of the Commodity Exchange Act, funds deposited by customers of FCStone, LLC relating to futures and options-on-futures positions in regulated commodities must be carried in separate accounts which are designated as segregated customers’ accounts. Certain amounts in the accompanying table reflect reclassifications and eliminations required for regulatory filing. Funds deposited by customers and other assets, which have been segregated as belonging to the commodity customers as of September 30, 2012 and 2011, are as follows:

(in millions)	September 30, 2012		September 30, 2011
Cash, at banks - segregated	$	225.6	$	71.3
Securities - customer segregated	—		5.5
Securities held for customers in lieu of cash, at banks	47.2		3.7
Deposits with and receivables from:
Exchange-clearing organizations, including securities, net of omnibus eliminations	1,370.4		1,358.0
Securities held for customers in lieu of cash	22.3		19.0
Total customer-segregated funds	1,665.5		1,457.5
Amount required to be segregated	1,620.5		1,406.6
Excess funds in segregation	$	45.0	$	50.9

Funds deposited by customers and other assets, which are held in separate accounts for customers trading foreign futures and foreign options customers, as of September 30, 2012 and 2011 are as follows:

(in millions)	September 30, 2012		September 30, 2011
Cash - secured	$	25.2	$	6.4
Securities	3.3		—
Equities with futures commission merchants	9.9		30.3
Amounts held by clearing organizations of foreign boards of trade	20.8		—
Amounts held by members of foreign boards of trade	30.1		2.1
Total customer-secured funds	89.3		38.8
Amount required to be secured	77.6		27.2
Excess secured funds	$	11.7	$	11.6