Core Viewpoint - Marex Group plc has announced its agreement to acquire Webb Traders, a European equity derivatives market maker, to enhance its market making capabilities and technology [1][2]. Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides liquidity, market access, and infrastructure services across energy, commodities, and financial markets [6]. - The Group operates in four main service areas: Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a strong presence in major metals, energy, and agricultural products [6]. - Marex has over 40 offices worldwide and employs more than 2,400 staff across Europe, Asia, and the Americas [6]. Acquisition Details - Webb Traders, with offices in Amsterdam and Paris, specializes in single stock options market making for European and US mid and large cap equities [2]. - The acquisition is expected to enhance Marex's Equity Linked Structured Products platform, allowing for internalization of hedging, improved profit margins, and better pricing for clients [3]. - The deal is subject to regulatory approval and is anticipated to close in the second or third quarter of 2026 [3]. Leadership Commentary - Ian Lowitt, CEO of Marex, expressed excitement about the acquisition, highlighting Webb Traders' talented team and technology, which will bolster Marex's equity derivatives capabilities [4].
Marex Group plc to acquire equity derivatives market maker Webb Traders