Marex Joins SGX as Derivatives Trading and Clearing Member

Following becoming a futures clearing and trading participant on the Australian Securities Exchange​ (ASX)​, UK-headquartered global financial services platform Marex last Friday (October 27) announced that it has also become a trading and clearing member of Singapore Exchange Group (SGX). With this membership, Marex will be able to provide trading and clearing services to clients across SGX while expanding its global client base in APAC.

By becoming a member of SGX, Marex offers its clients direct entry to a highly diverse exchange in Asia and a prominent financial center in the region. This aligns with Marex's ongoing strategy to broaden its range of clearing services in the Asia Pacific, enabling it to capitalize on additional opportunities for growth through offering comprehensive services that seamlessly connect clients with various markets.

Arthur Fan, Head of Asia Pacific of Marex, said: "We are delighted to become a trading and clearing member of SGX, which is such an important exchange in the Asia Pacific. This important membership deepens our commitment to the region and gives us even greater opportunity to offer more services to more clients and expand our investment and operations across the region."

Ian Lowitt, CEO of Marex, commented: "Our strategy is to increase our capabilities to connect clients to markets in new ways across more geographies. This new membership allows us to both increase our clearing capabilities and our footprint in Asia Pacific. Singapore is a strategically important financial hub where we will continue to enhance our offering in line with our clients' evolving needs."

Pol de Win, Senior Managing Director, Head of Global Sales and Origination, SGX Group, said: "Marex's scale and vast experience in the cleared derivatives markets is a great complement to our fast-growing derivatives franchise. We are excited to have Marex come onboard as a Derivatives Trading and Clearing Member given their specialised knowledge and expertise, that will help further deepen and diversify the derivatives ecosystem."