Trading

Marex targets up to five acquisitions after profit surges 51%

CEO sees ‘extremely active pipeline’ for M&A

The City trading firm is on the hunt for deals
The City trading firm is on the hunt for deals Photo: Richard Baker/Getty Images

London-based trading services provider Marex is looking to make up to five acquisitions this year after a profit surge.

Chief executive Ian Lowitt said Marex is reviewing a range of M&A opportunities to grow the firm’s global footprint and strenghten its clearing, agency and execution and market-making businesses.

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