Marex Spectron, a London-based global commodities broker, has formally returned to the foreign exchange markets with the launch of a new FX platform offering available for desktop and mobile trading.The platform offers FX and precious metal spot trading and market monitoring. FX intelligent execution services are provided for OTC and ETD across spot, forwards and futures, NDF’s, options, as well as FX price hedging.
Marex Spectron clients are granted with direct market access for spot and futures in order to benefit from the aggregated liquidity of multiple banks and FX liquidity providers.
Designed for financial institutions, commercial users, hedge funds, CTA’s and proprietary trading houses, the platform delivers intuitive GUI, complex order types, a global order book, and global support from experienced market professionals.
David Govett, Marex Spectron Head of FX and Bullion, commented:
“With the increased volatility in FX markets, there is demand for such a service from our clients. We also understand that our clients need more than just a telephone dealing service, with desktop and mobile applications important parts of any offering.”
Founded in 2006, the UK-based broker has over 600 employees to best serve its institutional customers, predominantly commodity producers and consumers, banks, hedge funds, asset managers, brokers, commodity trading advisors, and professional traders.In February 2010, Marex Spectron brought in a number of former Lehman Brothers bankers onto its board to expand the business after hedge fund JRJ Group took 74% stake and took control of the company.
The company is a member of the London Metal Exchange (where it is a Category 1 dealer), the CME Group exchanges, ICE US, NYSE Liffe, ICE Futures, and Eurex. Regulatory-wide, Marex is licensed by the Financial Conduct Authority in the UK.
