Trading

Marex eyes more acquisitions as revenue jumps 75%

Trade services firm passes $1bn mark in its first results since going public

Thursday 16 May 2024 at 12:16

CEO plans an ’even more diversified and resilient business’ in wake of IPO
CEO plans an ’even more diversified and resilient business’ in wake of IPO Photo: Rafael Henrique/Getty Images

Marex is on the hunt for more deals after revenue spiked 75% in 2023.

Revenue from clearing climbed 87% to $374m last year, while broking was up 135% to $542m.