Marex Solutions adds SocGen metals specialistAugust 5, 2019
Marex Solutions, the OTC derivatives division of Marex Spectron, today announced the appointment of Matthew Gill to build-out its London-based EMEA OTC Metals team.
Before joining Marex Solutions, Matthew spent nine-years at Société Générale, where he covered base metal sales to corporate and financial institutions, and for the last two-years has solely focused on the US market. Prior to joining Société Générale, he spent six-years at Natixis Commodity markets and before that was an options broker at Man Financial.
Since its launch in July 2017 Marex Solutions has developed a widely recognised OTC derivatives business, utilising new technologies and innovative thinking. Today the business, which also includes the structured note issuance capabilities of the Marex Financial Products division, is over 50-strong, operates out of six countries (UK, US, Brazil, Canada, Mexico and Paraguay) and has completed over USD 7 billion of notional trades.
Marex Spectron is one of the largest and best resourced metals brokers in the world, providing execution and clearing services for exchange traded derivatives on LME, CME, HKEX and DGCX, in addition to off-exchange precious metals products. It is also a category 1 member on the LME. Marex Solutions is seeking to build on this success by offering clients a broader range of derivative solutions that complement the existing offerings.
Nilesh Jethwa, CEO of Marex Solutions, commented: “Metals is a traditional strength of Marex Spectron and by adding our innovative OTC solutions to the mix we are looking to further enhance the franchise. Matthew is a great addition to our team as a high calibre product specialist who has worked with some of the biggest names in the market.”
Simon Van Den Born, President of Marex Spectron, added: “We always look for new ways to innovate and help our clients across not just metals, but also energy and agriculture. Marex Solutions provides us with additional capabilities that augment our strong existing footprint.”