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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]
Marex Group plc to Participate in Upcoming Barclays Global Financial Services Conference
Globenewswire· 2025-09-05 11:00
Group 1 - Marex Group plc will participate in the Barclays Global Financial Services Conference on September 8th at 9:45 a.m. ET [1] - Ian Lowitt, the Group Chief Executive Officer, will be featured in a fireside chat during the conference [1] Group 2 - Marex Group plc is a diversified global financial services platform providing liquidity, market access, and infrastructure services across energy, commodities, and financial markets [2] - The company offers four core services: Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions [2] - Marex has a strong presence in major metals, energy, and agricultural products, with access to 60 exchanges globally [2] - The company serves a wide range of clients, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [2] - Marex operates over 40 offices worldwide and employs more than 2,400 people across Europe, Asia, and the Americas [2]
Marex Group plc to Announce Second Quarter 2025 Results on August 13, 2025
Globenewswire· 2025-07-14 20:30
Core Viewpoint - Marex Group plc is set to release its fiscal 2025 second quarter results on August 13, 2025, before market opening, with supplementary materials available on its website [1] Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [2] - The company offers a comprehensive range of services including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a strong presence in major metals, energy, and agricultural products [2] - Marex has access to 60 exchanges and serves a diverse client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [2] - The company operates more than 40 offices globally, employing over 2,400 staff across Europe, Asia, and the Americas [2]
Marex Group plc added to membership of Russell 3000® Index
Globenewswire· 2025-06-30 11:30
Core Viewpoint - Marex Group plc has been included in the Russell 3000 Index and the small-cap Russell 2000 Index, marking a significant milestone for the company as a public entity, which is expected to enhance its visibility among a wider range of investors [1][2]. Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [5]. - The company offers a comprehensive range of services, including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a strong presence in major metals, energy, and agricultural products [5]. - Marex has access to 60 exchanges and serves a diverse clientele, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [5]. - The company operates more than 40 offices globally and employs over 2,400 staff across Europe, Asia, and the Americas [5]. Market Context - The Russell indexes are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies, with approximately $10.6 trillion in assets benchmarked against these indexes as of June 2024 [2].
Marex Agrees to Acquire Agrinvest Commodities
Globenewswire· 2025-06-05 11:00
Core Viewpoint - Marex Group plc has announced the acquisition of Agrinvest Commodities, a Brazilian agricultural commodities business, which will enhance Marex's operations in the Americas and diversify its earnings [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. The company operates in four main service areas: Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions [3]. Acquisition Details - Agrinvest Commodities connects buyers and sellers in physical agricultural markets, including corn and soybeans, and offers consulting support for hedging options and commercial strategies [2]. - The acquisition will provide Marex with physical commodities capabilities in Brazil, complementing its existing derivatives operations. Agrinvest has approximately 1,300 clients and 100 employees, which will enhance Marex's current Brazilian business [2]. Strategic Importance - The CEO of Marex, Ian Lowitt, emphasized Brazil's significance as a global commodity producer and the potential for growth in supporting Agrinvest's future expansion [3]. - Ram Vittal, CEO of the Americas for Marex, highlighted the acquisition as a reinforcement of Marex's commitment to growth in the Americas and an opportunity to broaden its agricultural business capabilities [3]. Future Prospects - Benedito Joao Gai Neto, CEO of Agrinvest, expressed enthusiasm about joining Marex, noting the support for business expansion and enhanced service offerings in Brazil and other countries [3].
Fitch updates Marex's outlook to positive due to strong earnings and diversification of franchise
GlobeNewswire News Room· 2025-04-30 11:00
Core Viewpoint - Fitch Ratings has revised the outlook of Marex Group plc's Long-Term Issuer Default Rating (IDR) to positive from stable, affirming its Long-Term IDR at 'BBB-' [1][2] Group Performance - The positive outlook reflects Marex's strong and growing earnings across variable market conditions, as well as the expansion and diversification of its franchise through both organic growth and bolt-on acquisitions [2] - Marex has well-managed liquidity and maintains an adequate buffer over regulatory capital requirements [2] Leadership Commentary - Ian Lowitt, CEO of Marex, stated that the positive outlook from Fitch highlights the strength and scalability of Marex's diversified global platform and its 10-year track record of sequential growth through various market environments [3] - The company's risk control framework is central to its strategy, adapting to the expanding business [3] Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [4] - The Group offers a comprehensive range of services, including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a leading position in major metals, energy, and agricultural products [4] - Marex has access to 60 exchanges and serves a broad client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers, with over 2,400 employees across more than 40 offices worldwide [4]
Fitch updates Marex’s outlook to positive due to strong earnings and diversification of franchise
Globenewswire· 2025-04-30 11:00
Core Viewpoint - Fitch Ratings has revised the outlook of Marex Group plc's Long-Term Issuer Default Rating (IDR) to positive from stable, affirming its Long-Term IDR at 'BBB-' [1][2] Group Performance - The positive outlook reflects Marex's strong and growing earnings across variable market conditions, as well as its expansion and diversification through both organic growth and bolt-on acquisitions [2] - Marex has well-managed liquidity and maintains an adequate buffer over regulatory capital requirements [2] Leadership Commentary - Ian Lowitt, CEO of Marex, stated that the positive outlook from Fitch highlights the strength and scalability of Marex's diversified global platform and its 10-year track record of sequential growth through various market environments [3] - The company's risk control framework is central to its strategy, adapting to the expanding business [3] Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [4] - The Group offers a comprehensive range of services including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a leading position in major metals, energy, and agricultural products [4] - Marex has access to 60 exchanges and serves a broad client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers, with over 2,400 employees across more than 40 offices worldwide [4]