Marex Group plc(MRX)
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Marex Defies Volume Slowdown With Double-Digit Growth and Rising Client Balances
FinanceFeeds· 2025-10-08 21:37
Marex Group plc, the London-born brokerage now listed on Nasdaq under the ticker MRX, has posted another quarter of sharp growth despite a lull in global derivatives trading.The company said in a preliminary update that third-quarter revenue will come in between $475 million and $485 million, up 23% year on year at the midpoint, with adjusted profit before tax climbing 22% to as much as $101 million. Its adjusted return on equity hovers around 27%, and profit margin near 21%.That momentum came even as futur ...
Marex Group plc provides a strong preliminary Q3 trading update
Globenewswire· 2025-10-08 11:00
Core Insights - Marex Group plc reports a strong performance in Q3 2025, with revenues expected between $475 million and $485 million, reflecting a 23% year-over-year increase at the midpoint [2] - Adjusted Profit Before Tax is projected to be in the range of $96 million to $101 million, marking a 22% year-over-year increase at the midpoint [2] - The company anticipates full Q3 results to be released on November 6, 2025 [2] Financial Performance - Revenue for Q3 2025 is estimated at $475 million to $485 million, compared to $391 million in Q3 2024 [4] - Adjusted Profit Before Tax is estimated between $96 million and $101 million, up from $81 million in Q3 2024 [4] - Adjusted Return on Equity is approximately 27%, with an Adjusted Profit Before Tax Margin around 21% [2][4] Operational Highlights - Average Clearing Client balances increased by 4% to $13.3 billion in Q3 2025, up from $12.8 billion in Q2 2025 [3] - The company achieved a record of over $10 billion in US client assets in October 2025, as reported by the Commodity Futures Trading Commission [3] - Despite a challenging operating environment with exchange volumes down over 15% on average in Q3 compared to Q2, Marex maintained its growth trajectory [3] Management Commentary - Ian Lowitt, Group CEO, expressed confidence in the company's performance and growth prospects, highlighting the resilience of the business model [3] - The management aims to address investor questions regarding performance and client balances following recent share price movements [3]
Delek sues Marex and BTX over $30 million refinery damage from tainted crude
Reuters· 2025-10-06 17:35
Delek US Holdings has sued London-based Marex Group and Texas-based BTX Energy, accusing them of supplying contaminated crude oil that damaged one of its U.S. refineries and caused more than $30 milli... ...
Is Marex Group plc (MRX) an Undervalued Stock?
Yahoo Finance· 2025-10-06 15:16
Core Insights - Vltava Fund's third-quarter 2025 investor letter discusses the concepts of value traps and growth traps, emphasizing their interconnectedness rather than viewing them as opposites [1] - The letter highlights the importance of combining reasonable pricing with realistic growth outlooks when investing [1] Company Overview - Marex Group plc (NASDAQ:MRX) is a diversified global financial services platform based in the UK, providing essential liquidity, market access, and infrastructure services to clients in energy, commodities, and financial markets [3] - The company operates on over 60 exchanges worldwide and ranks among the top 10 largest clearing houses [3] Financial Performance - Marex Group plc's one-month return was -15.94%, while its shares gained 17.51% over the last 52 weeks [2] - As of October 3, 2025, Marex Group plc's stock closed at $29.98 per share, with a market capitalization of $2.156 billion [2] Competitive Advantages - Marex Group's competitive advantages include a scalable global operating model, investment-intensive technology infrastructure, and a strong capital base [3] - The company focuses on providing flexibility and an individual approach to a broader group of customers, particularly small and medium-sized clients, unlike larger banks [3] - Marex is well-positioned for growth due to a declining number of competitors in the industry and increasing trading volumes, benefiting from a market environment characterized by higher volatility [3]
Marex (MRX) Partners With FalconX to Expand Digital Asset Derivatives
Yahoo Finance· 2025-10-04 21:15
Group 1 - Marex Group PLC (NASDAQ:MRX) is considered one of the most undervalued financial stocks by Wall Street analysts [1] - The company announced a strategic partnership with FalconX to provide efficient cross-margining for digital asset derivatives to select non-US institutional clients [1][2] - This collaboration will enhance Marex's digital assets offering and expand its client base, addressing the growing institutional demand for trading derivatives on liquid digital asset markets [2][3] Group 2 - The partnership covers the clearing and execution of futures and options contracts, allowing for greater capital efficiency across traditional and digital exchanges [2] - Marex's Global Head of Futures & OTC Clearing Sales emphasized the commitment to value-add trading services that provide margin relief and broad market access [3] - Marex operates as a diversified global financial services platform, offering market access, clearing, hedging, and investment solutions across various markets [4]
Securities Fraud Investigation Into Marex Group plc (MRX) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Globenewswire· 2025-10-01 16:00
Core Viewpoint - Marex Group plc is under investigation for potential violations of federal securities laws following allegations of accounting misconduct, including concealing significant losses and inflating profits through off-balance-sheet entities and misleading disclosures [1][2]. Group 1: Allegations and Financial Impact - A report by NINGI Research claims that Marex has concealed nearly $1 billion in off-balance-sheet derivatives exposure through a Luxembourg fund, which it controls and trades with, leading to inflated operating cash flow [2]. - Following the allegations, Marex's stock price dropped by $2.33, or 6.2%, closing at $35.31 per share on August 5, 2025, resulting in financial harm to investors [3]. Group 2: Legal and Whistleblower Information - Glancy Prongay & Murray LLP is representing investors in pursuing claims to recover losses related to Marex [2]. - Individuals with non-public information about Marex are encouraged to consider participating in the SEC Whistleblower Program, which offers rewards of up to 30% of any successful recovery made by the SEC [5]. Group 3: About the Law Firm - Glancy Prongay & Murray LLP is a prominent law firm specializing in securities litigation and has a strong track record in recovering billions for investors [6][7].
Securities Fraud Investigation Into Marex Group plc (MRX) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Globenewswire· 2025-09-30 19:00
LOS ANGELES, Sept. 30, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz continues its investigation of Marex Group plc (“Marex” or the “Company”) (NASDAQ: MRX) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON MAREX GROUP PLC (MRX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On August 5, 2025, NINGI Research published a report alleging, among ot ...
MAREX INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Marex Group PLC on Behalf of Marex Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-25 21:47
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Marex (MRX) To Contact Him Directly To Discuss Their Options If you purchased or stock in Marex and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Eagel & Squire, P.C., a nationally recognized stockholde ...
S&P Global Ratings assigns first-time rating of BBB to Marex Capital Markets Inc. (MCMI)
Globenewswire· 2025-09-23 13:28
NEW YORK, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”; NASDAQ: MRX), the diversified global financial services platform, today announced that S&P Global Ratings has assigned a first-time long-term Issuer Default Rating (IDR) of BBB to its US-based subsidiary, Marex Capital Markets Inc. (“MCMI”) with a stable outlook. The new rating for MCMI reflects its status as core to Marex Group and its significance to the overall business. S&P noted that MCMI is intrinsic to Marex’s global strategy and ...
S&P Global Ratings affirms BBB- rating and stable outlook for Marex Group plc; assigns first-time rating of BBB to Marex Capital Markets Inc. (MCMI) and addresses recent short seller report
Globenewswire· 2025-09-23 13:28
Core Viewpoint - S&P Global Ratings has affirmed Marex Group's rating at BBB- with a stable outlook and assigned a first-time long-term Issuer Default Rating (IDR) of BBB to its US-based subsidiary, Marex Capital Markets Inc. (MCMI) [1][3] Group Performance and Ratings - The affirmation of Marex's overall rating is based on its robust performance and strong capitalization [3] - The new rating for MCMI reflects its core status to Marex Group, highlighting its importance to the overall performance of the Group [3] Management Response to Allegations - S&P considered recent short-seller allegations in its ratings analysis but concluded that these allegations are unlikely to materially impact Marex's franchise [2] - The management's response to the allegations was taken into account, and S&P's analysis remains unchanged [2] CEO's Commentary - The CEO of Marex stated that the affirmation of the overall rating validates the company's strategy and success in building a resilient and strongly capitalized business [4] - The addition of MCMI recognizes the growth of Marex's US operations and their significance to the Group [4] Company Overview - Marex Group plc is a diversified global financial services platform providing essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [4] - The Group has a leading franchise in major metals, energy, and agricultural products, with access to 60 exchanges and over 2,400 employees worldwide [4]