The new service will be offered in conjunction with MB Trading, which will act as agent for Marex Spectron. While Marex Spectron is one of Europe’s leading brokers of agricultural derivatives, this will be its first brokerage service in physical Agricultural products.
Jonathan Parkman, Joint Head of Agriculture at Marex Spectron, said: “Our significant market share in sugar derivatives means that we know these products and we know what those who trade them need from a broker. Combining our financial strength, reach and knowledge with the vast experience in the sugar markets of Mark Bullock of MB Trading creates, we firmly believe, a truly compelling offering.”
The new physical broking service is live now and will operate primarily through desks in London and Paris.
For further information, please contact Richard Lindsay on +44 (0)20 7655 4091 or rlindsay@marexspectron.com
About Marex Spectron
Marex Spectron is one of the world’s largest privately held brokers of financial instruments in the commodities sector and a leader in facilitating trade in physical energy products.
We are the conduit for clients transacting in raw materials and related derivatives. We do so efficiently, discretely and with confidence, on or off-exchange.
We provide liquidity in commodity markets that are frequently difficult for clients to access or that require specialist knowledge to navigate successfully.
We connect our clients to any of the world’s major commodity exchanges via state of the art networks. We provide a full suite of services to trading companies who need to outsource infrastructure and support operations.
We also broker financial futures and options, and fixed income and equity securities.
Our aim is to provide our clients with a global, integrated service that enables them to trade how they want to trade: by voice, on electronic platforms or through trading floors where possible.
Our clients are predominantly commodity producers and consumers, banks, hedge funds, asset managers, brokers, commodity trading advisors and professional traders.
We are members of the London Metal Exchange (where we are a Ring Dealer), the CME Group exchanges, ICE US, NYSE Liffe, ICE Futures and Eurex.
We are 600 market professionals, headquartered in London with offices across Europe, North America and Asia.
