Marex Expands Its Presence in Asia Pacific with Australian Branch

Marex, an essential tech-enabled liquidity hub connecting clients to global energy, commodity and financial markets, today announced that it has obtained regulatory approval from the Australian Securities and Investment Commission (ASIC) to operate and open an office in Sydney, Australia.

According to the press release, Nick Burke, head of APAC Sales for Marex Solutions, will lead the team at Marex Australia to provide local clients with OTC derivative products to hedge commodity and foreign exchange price risk. 

“Developing Asia Pacific is a central part of our stated global growth strategy, with a key strand being the launch and expansion of an Australian branch,”Ian Lowitt, CEO Marex, commented.”We look forward to offering our comprehensive risk management solutions to the Australian agricultural, commodity and financial sector.”

“This is an exciting development for Marex as we grow our presence and increase our headcount in the region. There are tangible opportunities, including providing Australian-based clients with improved market access to exchange traded derivatives and clearing via our proprietary technology platforms.  We look forward to offering our suite of innovative cross-asset OTC products to clients locally,”Nick Burke, Head of Marex’s Australia Branch, added.

Last month, Marex Solutions and Coinbase Prime have entered into a partnership agreement on crypto derivatives, which will broaden both parties institutional digital hedging and crypto investment capabilities.