Marex in advanced stage of exclusive talks with OTCex Group

June 14, 2022

Marex has today announced that it is in the advanced stages of exclusive talks with OTCex Group to purchase its voice brokerage activities from HPC SA, OTCex Hong Kong, and OTCex LLC.

Headquartered in Paris, OTCex voice brokerage services include businesses based in London, Dubai, Hong Kong, New York, Paris, Milan, Tel-Aviv and Lisbon, and employs approximately 200 staff worldwide. This potential transaction provides a number of synergies to both parties. OTCex will benefit from access to Marex’s global infrastructure and balance sheet, and the addition of OTCex will strengthen Marex’s capabilities in Equities and Fixed Income.

Final agreement is expected when OTCex Employee Representative Bodies have been informed and consulted. Completion will be subject to prior approval by all relevant Regulatory Bodies.

 

Related News

Corporate News

Marex Group plc announces pricing of initial public offering

April 25, 2024

Marex Group plc (“Marex”), the diversified global financial services platform, today announces the pricing of its initial public offering (the “IPO”), at $19.00 per […]

More on this update
Corporate News

Marex Group plc announces launch of initial public offering

April 15, 2024

Marex Group plc (“Marex”), the diversified global financial services platform, today announces that it has launched the initial public offering (the “IPO”) of its […]

More on this update
Corporate News

Marex Group plc announces filing of registration statement for proposed initial public offering

March 26, 2024

Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration […]

More on this update