Trading

Marex’s clearing business nearly triples in first half of 2023

Profit more than doubles off the back of growth in clearing and execution services

Market making business struggles as volatility subsides, but clearing remains a stable driver of fees for the trading services firm
Market making business struggles as volatility subsides, but clearing remains a stable driver of fees for the trading services firm Photo: Vuk Valcic/Getty Images

Trading services provider Marex's clearing revenue jumped almost three-fold in the first six months of 2023.

Clearing services pulled in $183m, up 184% on last year's $64.4m, according to half year results published 22 August.

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