Marex Confidentially Submits Draft Registration Statement for Proposed IPO

Marex Group plc. (Marex Group, or "Group"), the diversified global financial services platform, today announced that it has confidentially submitted a draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC) relating to its proposed initial public offering of its ordinary shares.

According to the announcement, the size and price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the completion of the SEC review process, subject to market and other conditions.

The Group has been positively expanding its global footprint in recent years. In October, Marex became a trading and clearing member of the Australian Securities Exchange (ASX)​ and Singapore Exchange Group (SGX), successively.

Earlier this month, Marex closed the purchase​ of Cowen's prime brokerage and outsourced trading business, just two months after the deal was announced.