ADM Is Said to Consider Selling Futures Clearing Arm

Archer-Daniels-Midland Co. is exploring a sale of its futures brokerage arm, as the company weighs divestitures to slash costs, according to people familiar with the matter.

The commodities trading and food-processing conglomerate is working with a financial adviser to seek a buyer for ADM Investor Services Inc., or ADMIS, said the people, who asked to not be identified because the details aren’t public.

While it isn’t clear how much ADMIS might fetch in a sale, it holds $439 million in adjusted net capital, according to filings. Rival Marex Group Plc currently trades at more than three times its adjusted ...