Marex Q2 Earnings Surge to $106M as Prime Services Acquisition Drives Growth

Marex rebuts all allegations made by NINGI Research report which labelled the firm ‘a financial house of cards’

Marex has addressed accusations made by NINGI Research for a second time, with chief executive Ian Lowitt  confirming in Wednesday’s Q2 earnings call that the firm “rebuts all of the allegations” levelled at Marex.The Q2 earnings demonstrated a record performance for the firm, which included its highest ever Q2 for agency and execution, with revenue up 59% year-on-year. Marex also highlighted the positive effect of its acquisition of TD Cowen’s …

Marex Q2 Earnings Surge to $106M as Prime Services Acquisition Drives Growth

Financial services platform reports 18% revenue growth to $500M, maintains 28% ROE, and expands global footprint through strategic acquisitions. See detailed metrics.