Trading

Marex to IPO in New York in fresh blow to City

The broker and clearer attempted to list in London in 2021 before cancelling its offer

Marex chief executive Ian Lowitt has been diversifying the business from its brokerage roots
Marex chief executive Ian Lowitt has been diversifying the business from its brokerage roots

UK trading services provider Marex has filed for an IPO in New York, landing another blow to London's reputation as a listings hub.

Marex has submitted a draft registration statement to the US Securities and Exchange Commission, and said that its IPO would commence following regulatory approval.

WSJ Logo