UK trading firm Marex has big ambitions in Australia
In its first interview since an audacious raid on kiwi investment bank Jarden, Nasdaq-listed Marex has laid out plans to become a major player in carbon trading.
UK-based, Nasdaq listed trading firm Marex has detailed its ambitions to become a significant force in Australia's burgeoning carbon markets and also wants to bring more competition to clearing on the ASX.
In the firm's first interview in Australia following an audacious raid on one of Kiwi investment bank Jarden's trading units earlier this year, Marex's Asia-Pacific CEO Arthur Fan told Capital Brief the region would serve as a key growth driver for the company.
“We have really ambitious targets and plans for the APAC region, especially in Australia and New Zealand. Even in the last few years, the region has shown a lot of growth and potential and will be a prime growth engine for the firm,” he said.
Marex's operations are diversified across clearing, execution, market making, and hedging in commodities and other financial markets and its clients include institutional investors and corporates.