Marex Opens New Office in Auckland, New Zealand
Marex opened its new office in Auckland, New Zealand to expand its operations in the Asia Pacific region and enhance its global environmental offerings. The company is a financial services platform providing essential liquidity, market access, and infrastructure services.
Marex Opens New Office – About New Office
Marex’s ability to serve local and global clients will improve with the Auckland office. It will offer services in financial and commodity markets. It will increase Marex’s market reach and provide better access to its environmental product offerings.
Nigel Brunel leads the new Auckland office with nearly two decades of experience in global commodities. Brunel has extensive expertise in the financial and commodity markets, making him a valuable asset for Marex’s expansion efforts in New Zealand. His leadership will ensure the effective delivery of Marex’s services in the region.
The Auckland office will leverage Marex’s broad expertise to offer comprehensive services in financial and commodity markets. The team will provide agency and execution services and clearing services across various markets. Initially, the office will serve clients in the carbon, electricity, and dairy markets, dealing with listed and over-the-counter (OTC) products.
Benefits for Traders
Marex opens new office and it will offer numerous benefits to traders and investors:
Enhanced Market Access
Traders and investors will have direct access to local and global financial and commodity markets with the new office. It will allow seamless trading in carbon, electricity, and dairy markets. It will ensure clients can execute trades more efficiently and with better market connectivity.
Specialised Expertise
The Auckland office brings specialised knowledge and expertise to the New Zealand market with an experienced team. This leadership will ensure traders and investors receive high-quality advice and services tailored to their needs.
Improved Clearing Services
Marex became a futures clearing and trading participant of the Australian Securities Exchange (ASX) and the Singapore Exchange (SGX) in 2023. So, New Zealand clients can benefit from direct clearing services. This eliminates the need for third-party clearers and reduces costs.
Neon Carbon Platform
They launched Neon Carbon, a new carbon trading platform for New Zealand’s market. It offers a dedicated platform for trading domestic compliance credits. Neon Carbon provides access to liquidity in the emissions market. It enables traders to capitalise on opportunities in carbon trading.
Increased Global Connectivity
The Auckland office is part of Marex’s extensive global network. It includes over 35 offices worldwide. This connectivity ensures New Zealand traders and investors can explore global markets and enhance their trading strategies with better integration.
About Marex Group Plc
Marex Group Plc is a global financial services firm. They strongly emphasise market access, liquidity provision, and comprehensive infrastructure services. The company has a substantial presence in major markets around the world. Marex offers numerous services including clearing, agency and execution, market making, hedging, and investment solutions. The firm executes around 129 million trades and cleared 856 million contracts in 2023.
Conclusion
The Auckland will enhance the ability to serve clients in the Asia Pacific region and strengthen its environmental offerings. Marex expects to grow its client base in New Zealand, offering better market access and competitive services.
Stay ahead in the financial market by joining a global network of finance professionals. Find your perfect liquidity partners now!
Register your company now to get featured on our homepage!
