Marex Group has launched multi-dealer foreign exchange and precious metals liquidity directly into its prime brokerage platform, giving hedge funds, asset managers and professional clients aggregated pricing streams without requiring separate bilateral agreements with each liquidity provider. The move announced Thursday consolidates execution, clearing, custody and post-trade services under a single prime broker relationship, including portfolio-level cross-margining across asset classes.
The pricing engine pulls live quotes from unnamed tier-one and specialist liquidity providers, routing orders through connected pools to seek best execution. While Marex has offered liquidity aggregation since 2018, this integration embeds those feeds within prime-services infrastructure acquired through the December 2023 purchase of Cowen’s prime brokerage and outsourced trading business. The arrangement also links to Marex’s equity, fixed-income, futures and derivatives workflows, and builds on a June 2025 NatWest deal targeting double-margining elimination between listed FX futures and over-the-counter prime brokerage.
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Institutional clients now have consolidated execution and margin efficiency under one counterparty, reducing operational complexity and potentially lowering capital costs across multi-asset portfolios.
Source: Finance Magnates