- Marex will become the first non-bank FCM clearing member to offer client clearing services for interest rate swaps on LCH’s SwapClear service.
- Marex’s comprehensive clearing and execution services are expected to deepen liquidity, diversify counterparty risk, and increase capacity for the interest rate swaps market.
As the first non-bank Futures Commission Merchant (FCM) clearing member to offer client clearing of interest rate swaps through the LCH SwapClear service, Marex is addressing a gap in the market and responding to client demand for greater counterparty risk diversification, clearing capacity and improved market connectivity. Marex’s client clearing of interest rate swaps expands its existing clearing memberships across energy, commodity and financial markets, and signals its commitment to continually invest in its clients and grow its platform. Marex’s non-bank clearing solution is broker agnostic and can complement existing bank relationships.
Commenting on the announcement,
About Marex:
The Group provides comprehensive breadth and depth of coverage across four core services: Clearing, Agency and Execution, Market Making and Hedging and Investment Solutions. It has a leading franchise in many major metals, energy and agricultural products, executing around 129 million trades and clearing 856 million contracts in 2023. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.
Headquartered in
Enquiries please contact:Eterna Partners Millie Talbot , +44 7762943498 Millie.talbot@eternapartners.com marex@eternapartners.com Marex:Nicola Ratchford , +44 7786548889 nratchford@marex.com
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