Execution Copy

SECOND AMENDMENT TO CREDIT AGREEMENT

This SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of
November 5, 2015, is by and among INTL FCSTONE LTD., a company formed under the
laws of England and Wales with a registration number of 5616586 (the
“Borrower”), the Guarantors party hereto, the Lenders party hereto and BANK OF
AMERICA, N.A., as administrative agent (in such capacity, the “Administrative
Agent”). Capitalized terms used herein and not otherwise defined herein shall
have the meanings ascribed thereto in the Credit Agreement.

W I T N E S S E T H

WHEREAS, the Borrower, the Subsidiary Guarantors of the Borrower from time to
time party thereto, certain banks and financial institutions from time to time
party thereto (the “Lenders”) and the Administrative Agent are parties to that
certain Credit Agreement dated as of November 15, 2013 (as amended, modified,
extended, restated, replaced, or supplemented from time to time, the “Credit
Agreement”);

WHEREAS, the Borrower has requested that the Lenders amend certain provisions of
and grant certain consents under the Credit Agreement; and

WHEREAS, the Lenders are willing to make such amendments to and grant such
consents under the Credit Agreement, in accordance with and subject to the terms
and conditions set forth herein.

NOW, THEREFORE, in consideration of the agreements hereinafter set forth, and
for other good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged, the parties hereto agree as follows:

ARTICLE I
AMENDMENTS TO AND CONSENTS UNDER CREDIT AGREEMENT

1.1    Amendment to Definition of Maturity Date. The definition of “Maturity
Date” set forth in Section 1.01 of the Credit Agreement is hereby amended to
change the date referenced therein from “November 5, 2015” to “October 31,
2016”.

1.2    Amendment to Definition of Parent Credit Facility. The definition of
“Parent Credit FAcility” set forth in Section 1.01 of the Credit Agreement is
hereby amended and restated in its entirety to read as follows:

“Parent Credit Agreement” means that certain Credit Agreement by and among the
Parent and certain Subsidiaries of the Parent, Bank of America, as
Administrative Agent and the various lenders and other parties party thereto,
dated as of September 20, 2013, (i) as amended, restated, amended and restated,
supplemented, or otherwise modified from time to time in conjunction with the
terms and conditions thereof, (ii) as replaced by another credit facility with
Bank of America as the administrative agent, or (iii) as replaced by another
credit facility approved in advance by the Administrative Agent in writing
(which such approval shall also be required with respect to any amendments or
modifications to the same); provided that references to the Parent Credit
Agreement in this Agreement will refer to the most recent version of the Parent
Credit Agreement, whether or not such Parent Credit Agreement is currently
effective or if it has been paid off or otherwise terminated.

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1.3    Amendment to Section 2.03(b)(ii) (Prepayments). Section 2.03(b)(ii)
(Prepayments) of the Credit Agreement is hereby amended and restated in its
entirety to read as follows:
(ii)    Periodic Prepayment. In addition to the prepayments required under
clause (iii) below and otherwise in this Agreement, the Borrower shall prepay
each Loan made hereunder within ninety (90) days of the Borrowing of such Loan.

1.4    Amendment to Section 7.16 (Consolidated Tangible Net Worth). Section 7.16
(Consolidated Tangible Net Worth) of the Credit Agreement is hereby amended and
restated in its entirety to read as follows:

Section 7.16 Consolidated Tangible Net Worth

The Consolidated Tangible Net Worth be less than $75,000,000 at any time, as
reported on each Compliance Certificate delivered in accordance with Section
6.02(a).

ARTICLE II
CONDITIONS TO EFFECTIVENESS

2.1    Closing Conditions. This Amendment shall become effective on the date
hereof upon the Administrative Agent receiving the following:

(a)    a copy of this Amendment duly executed by each of the Loan Parties and
the Parent, the Lenders and the Administrative Agent; and

(b)    for the account of the Lenders, the upfront fee equal to 0.50% per annum
of the Aggregate Commitments as required by Section 2.07(a) of the Credit
Agreement.

        
ARTICLE III
MISCELLANEOUS

3.1    Amended Terms. On and after the Amendment Effective Date, all references
to the Credit Agreement in each of the Loan Documents shall hereafter mean the
Credit Agreement as amended by this Amendment. Except as specifically amended
hereby or otherwise agreed, the Credit Agreement is hereby ratified and
confirmed and shall remain in full force and effect according to its terms.

3.2    Representations and Warranties of Loan Parties. Each of the Loan Parties
and the Parent represents and warrants as follows:

(a)    It has taken all necessary action to authorize the execution, delivery
and performance of this Amendment.

(b)    This Amendment has been duly executed and delivered by such Person and
constitutes such Person’s legal, valid and binding obligation, enforceable in
accordance with its terms, except as such enforceability may be subject to
(i) bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer,
moratorium or similar laws affecting creditors’ rights generally and
(ii) general principles of equity (regardless of whether such enforceability is
considered in a proceeding at law or in equity).

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(c)    No consent, approval, authorization or order of, or filing, registration
or qualification with, any court or governmental authority or third party is
required in connection with the execution, delivery or performance by such
Person of this Amendment.

(d)    The representations and warranties set forth in Article V of the Credit
Agreement and in any other Loan Document are true and correct as of the date
hereof (with all applicable materiality standards and except for those which
expressly relate to an earlier date).

(e)    After giving effect to this Amendment, no event has occurred and is
continuing which constitutes a Default or an Event of Default.

(f)    The Obligations are not reduced or modified by this Amendment and are not
subject to any offsets, defenses or counterclaims.

3.3    Reaffirmation of Obligations. Each Loan Party and the Parent hereby
ratifies the Credit Agreement and each other Loan Document to which they are
party and acknowledges and reaffirms (a) that it is bound by all terms of the
Credit Agreement and the other Loan Documents applicable to it and (b) that it
is responsible for the observance and full performance of its respective
Obligations.

3.4    Loan Document. This Amendment shall constitute a Loan Document under the
terms of the Credit Agreement.

3.5    Expenses. The Borrower agrees to pay all reasonable costs and expenses of
the Administrative Agent in connection with the preparation, execution and
delivery of this Amendment, including without limitation the reasonable fees and
expenses of the Administrative Agent’s legal counsel.

3.6    Further Assurances. The Loan Parties and the Parent agree to promptly
take such action, upon the request of the Administrative Agent, as is necessary
to carry out the intent of this Amendment.

3.7    Entirety. This Amendment and the other Loan Documents embody the entire
agreement among the parties hereto and supersede all prior agreements and
understandings, oral or written, if any, relating to the subject matter hereof.

3.8    Counterparts; Telecopy. This Amendment may be executed in any number of
counterparts, each of which when so executed and delivered shall be an original,
but all of which shall constitute one and the same instrument. Delivery of an
executed counterpart of a signature page of this Amendment or any other document
required to be delivered hereunder, by fax transmission or e-mail transmission
(e.g. “pdf” or “tif”) shall be effective as delivery of a manually executed
counterpart of this Agreement. Without limiting the foregoing, upon the request
of any party, such fax transmission or e-mail transmission shall be promptly
followed by such manually executed counterpart.

3.9    No Actions, Claims, Etc. As of the date hereof, each of the Loan Parties
and the Parent hereby acknowledges and confirms that it has no knowledge of any
actions, causes of action, claims, demands, damages and liabilities of whatever
kind or nature, in law or in equity, against the Administrative Agent, the
Lenders, or the Administrative Agent’s or the Lenders’ respective officers,
employees, representatives, agents, counsel or directors arising from any action
by such Persons, or failure of such Persons to act under the Credit Agreement on
or prior to the date hereof.

3.10    GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND SHALL BE
CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

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3.11    Successors and Assigns. This Amendment shall be binding upon and inure
to the benefit of the parties hereto and their respective successors and
assigns.

3.13    Consent to Jurisdiction; Service of Process; Waiver of Jury Trial. The
jurisdiction, service of process and waiver of jury trial provisions set forth
in Sections 11.14 and 11.15 of the Credit Agreement are hereby incorporated by
reference, mutatis mutandis.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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IN WITNESS WHEREOF the parties hereto have caused this Second Amendment to
Credit Agreement to be duly executed on the date first above written.

BORROWER:            INTL FCSTONE LTD.

By: /s/ Malcolm Wilde    
Name:    Malcolm Wilde
Title:    Director

By: /s/ Catherine Odigie    
Name:    Catherine Odigie
Title:    Company Secretary

GUARANTORS:            INTL FCSTONE INC., a Delaware corporation

By: /s/ Sean O’Connor    
Name:    Sean O’Connor
Title:    CEO

By: /s/ Bruce Fields        
Name:    Bruce Fields
Title:    Group Treasurer

[Signature Page to Second Amendment to Credit Agreement]

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ADMINISTRATIVE AGENT:
BANK OF AMERICA, N.A., in its capacity as Administrative Agent

By: /s/ Maryanne Fitzmaurice    
Name:    Maryanne Fitzmaurice
Title:    Director
    

LENDERS:
BANK OF AMERICA, N.A., in its capacity as Lender

By: /s/ Maryanne Fitzmaurice    
Name:    Maryanne Fitzmaurice
Title:    Director

[Signature Page to Second Amendment to Credit Agreement]