Marex

Marex Group plc Announces Pricing of Initial Public Offering

Retrieved on: 
Thursday, April 25, 2024
Goldman Sachs, Sale, Prospectus, UBS, Jefferies, Barclays, Madison Avenue, Jefferies Group, Keefe, Bruyette & Woods, Citigroup, HSBC, Marex, Attention, Security (finance)

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”), the diversified global financial services platform, today announces the pricing of its initial public offering (the “IPO”), at $19.00 per share.

Key Points: 
  • NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”), the diversified global financial services platform, today announces the pricing of its initial public offering (the “IPO”), at $19.00 per share.
  • Marex will not receive any proceeds from any sale of shares by the Selling Shareholders.
  • Citigroup, UBS Investment Bank, Piper Sandler and HSBC are acting as bookrunners for the proposed offering.
  • Drexel Hamilton and Loop Capital Markets are acting as co-managers for the proposed offering.

Marex Group plc Announces Launch of Initial Public Offering

Retrieved on: 
Monday, April 15, 2024
Goldman Sachs, Sale, Prospectus, UBS, Jefferies, Barclays, Exchange, Madison Avenue, IPO, Jefferies Group, Keefe, Bruyette & Woods, Citigroup, HSBC, Marex, Attention, Security (finance)

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”), the diversified global financial services platform, today announces that it has launched the initial public offering (the “IPO”) of its ordinary shares.

Key Points: 
  • NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”), the diversified global financial services platform, today announces that it has launched the initial public offering (the “IPO”) of its ordinary shares.
  • In connection with the offering, the Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 2,307,692 ordinary shares to cover over-allotments.
  • Citigroup, UBS Investment Bank, Piper Sandler and HSBC are acting as bookrunners for the proposed offering.
  • Drexel Hamilton and Loop Capital Markets are acting as co-managers for the proposed offering.

Marex Group plc Announces Filing of Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Tuesday, March 26, 2024
Attention, Seventh Avenue, Madison Avenue, Goldman Sachs, 4th floor, Form, Keefe, Bruyette & Woods, Marex, Sale, Prospectus, Broadridge Financial Solutions, Jefferies, Equity capital markets, Jefferies Group, Barclays, Cryptocurrency

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.
  • The timing of the offering, number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Barclays, Goldman Sachs & Co. LLC, Jefferies, and Keefe, Bruyette & Woods, a Stifel Company, are acting as joint lead book-running managers for the proposed offering.
  • A registration statement relating to these securities has been filed with the SEC but has not yet become effective.

Abaxx Prepares Exchange Opening Sequence and Final Notices

Retrieved on: 
Monday, March 11, 2024
Marex, Exchange, NEO, KGI, Nickel, Podcast, Capital punishment, Index, Dislocation, Nature, Product pipeline, USG, Independent software vendor, Metal, General practice, StoneX Group Inc., ARA, Sulfation, Natural gas

TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, announces the initiation of the final exchange trading launch sequence for Abaxx Exchange and Clearinghouse to open the market in each of its commodity futures contracts.

Key Points: 
  • TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, announces the initiation of the final exchange trading launch sequence for Abaxx Exchange and Clearinghouse to open the market in each of its commodity futures contracts.
  • Abaxx Exchange and Abaxx Clearing will request approval from their respective Boards of Directors to provide final notices to open Abaxx markets pending the near-term finalization of a third clearing member application approval.
  • Pending final notices, Abaxx Exchange and Abaxx Clearing will open with three approved clearing members, while additional clearing firms onboard through these clearing members or via applications as direct members of Abaxx Clearing.
  • Barring any unanticipated regulatory concerns in the final notice period, Abaxx Exchange and Abaxx Clearing will be operational and markets open.

Cboe Digital Launches Margined Bitcoin and Ether Futures, Announces Successful First Trade

Retrieved on: 
Friday, January 12, 2024
Marex, DV, Wedbush Securities, Ether, Cryptocurrency

CHICAGO, Jan. 12, 2024 /PRNewswire/ -- Cboe Digital announced it successfully launched margined Bitcoin and Ether futures and completed its first margined Bitcoin futures trade.

Key Points: 
  • CHICAGO, Jan. 12, 2024 /PRNewswire/ -- Cboe Digital announced it successfully launched margined Bitcoin and Ether futures and completed its first margined Bitcoin futures trade.
  • "As an exchange and clearinghouse, this is a significant milestone for Cboe Digital and its vision to unify the crypto spot and futures market," said John Palmer, President of Cboe Digital.
  • Following its launch of financially settled margined contracts on Bitcoin and Ether, Cboe Digital plans to expand its product suite to include physically delivered products, pending regulatory approval.
  • For more information about the new margined Bitcoin and Ether futures, visit Cboe Digital's website here .

XFA Partners with Genesis Global to Deploy Automated Quoting System for FLEX Options

Retrieved on: 
Wednesday, November 15, 2023
FIX, Marex, RFQ, XFA, FLEX, Partnership, Security (finance), Warehouse, Genesis

Called FLEX-FA, the new platform streamlines intraday quoting of FLEX options, enhancing the speed and reach of XFA’s brokerage services.

Key Points: 
  • Called FLEX-FA, the new platform streamlines intraday quoting of FLEX options, enhancing the speed and reach of XFA’s brokerage services.
  • Unlike traditional options, the FLEX market does not benefit from a continuous quote stream.
  • The system aggregates RFQ responses and customized interfaces, designed by Genesis, make it easy for XFA to place orders with winning quotes.
  • Marex uses Trade Allocation Manager , the modular, flexible, cross-asset class middle office solution from Genesis.

Citigroup Center in Downtown Miami Announces 38,000 SF of New Leasing Activity

Retrieved on: 
Tuesday, November 28, 2023
Commercial Building & Real Estate, Construction & Property, Other Retail, Urban Planning, REIT, Interior Design, Building Systems, Other Construction & Property, Retail, Residential Building & Real Estate, Lithium, MIA, City, MacArthur Causeway, Cactus Club Cafe, Miami International Airport, Multimedia, WELL, Heart, Citigroup, Marex, Intercontinental, Health, Tenant, Citigroup Center, Starbucks, ATM, DDA, Brickell Avenue, Growth, Bayfront Park, Bayfront Park station, JLL, Self storage, Lease, Commercial property, Property management, Drug, Hotel, Brickell, Biscayne Bay

Citigroup Center , an 810,000-square-foot, 34-story trophy tower in Downtown Miami and the second-largest Class A office building in Florida, today announced that it has executed 38,731 total square feet of leasing agreements.

Key Points: 
  • Citigroup Center , an 810,000-square-foot, 34-story trophy tower in Downtown Miami and the second-largest Class A office building in Florida, today announced that it has executed 38,731 total square feet of leasing agreements.
  • Four of the new tenants will occupy brand new spec suites completed by Citigroup Center.
  • Lithium Capital Management, a Chile-based investment advisory firm, signed a lease for a new 2,443-square-foot spec suite as the location for its Miami office.
  • Miami Downtown Development Authority (DDA), an independent agency of the City of Miami, signed a lease for a 9,295-square-foot office space for its relocation from its existing office location in Downtown Miami.

Cboe Digital to Launch Margined Bitcoin and Ether Futures on January 11, 2024, Backed by Crypto and Traditional Finance Players

Retrieved on: 
Monday, November 13, 2023
Bitcoin Cash, Litecoin, CQG, Risk, USDC, Wedbush Securities, Trust, Marex, Digital, Ether, StoneX Group Inc., Growth, International Executive Service Corps, Cryptocurrency, Bitcoin, Talos

With this launch, Cboe Digital will become the first U.S. regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform.

Key Points: 
  • With this launch, Cboe Digital will become the first U.S. regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform.
  • Cboe Digital will initially offer financially settled margined contracts on Bitcoin and Ether and plans to expand its product suite to include physically delivered products at a later date, subject to regulatory approvals.
  • "We look forward to working with Cboe Digital and building a secure and transparent marketplace for crypto spot and derivatives trading."
  • Cboe Digital's planned launch of margin Bitcoin and Ether futures will complement its existing offering of Bitcoin, Bitcoin Cash, Ether, Litecoin and USDC trading on its spot crypto market.

Cboe Digital to Launch Margined Bitcoin and Ether Futures on January 11, 2024, Backed by Crypto and Traditional Finance Players

Retrieved on: 
Monday, November 13, 2023
Bitcoin Cash, Litecoin, CQG, Risk, USDC, Wedbush Securities, Trust, Marex, Digital, Ether, StoneX Group Inc., Growth, International Executive Service Corps, Cryptocurrency, Bitcoin, Talos

With this launch, Cboe Digital will become the first U.S. regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform.

Key Points: 
  • With this launch, Cboe Digital will become the first U.S. regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform.
  • Cboe Digital will initially offer financially settled margined contracts on Bitcoin and Ether and plans to expand its product suite to include physically delivered products at a later date, subject to regulatory approvals.
  • "We look forward to working with Cboe Digital and building a secure and transparent marketplace for crypto spot and derivatives trading."
  • Cboe Digital's planned launch of margin Bitcoin and Ether futures will complement its existing offering of Bitcoin, Bitcoin Cash, Ether, Litecoin and USDC trading on its spot crypto market.

Caldwell Cassady & Curry: Financial Technology Leader RVassets Sues Marex Capital Markets for Alleged Trade Secret Misappropriation, Fraud

Retrieved on: 
Wednesday, September 27, 2023
Intellectual property, JPMorgan Chase, Chicago, Marex, BNP Paribas, District court, Defend Trade Secrets Act, Chicago Mercantile Exchange, Textbook, Fraud, Douglas v. U.S. District Court ex rel Talk America, Dresdner Bank, Software, Security (finance)

CHICAGO, Sept. 27, 2023 /PRNewswire/ -- Attorneys from the intellectual property and business litigation firm Caldwell Cassady & Curry have filed a federal trade secret misappropriation lawsuit against Marex Capital Markets Inc. on behalf of financial technology leader RVassets Ltd. of London, England.

Key Points: 
  • CHICAGO, Sept. 27, 2023 /PRNewswire/ -- Attorneys from the intellectual property and business litigation firm Caldwell Cassady & Curry have filed a federal trade secret misappropriation lawsuit against Marex Capital Markets Inc. on behalf of financial technology leader RVassets Ltd. of London, England.
  • RVassets has requested a jury trial on the claims against Marex for trade secret misappropriation under the Illinois Trade Secrets Act and the federal Defend Trade Secrets Act, tortious interference, fraud, fraudulent concealment, and unjust enrichment.
  • In addition to damages for RVassets' losses and Marex's unjust enrichment, RVassets is seeking punitive damages and attorneys' fees in the lawsuit.
  • The case is RVassets Ltd. v. Marex Capital Markets Inc., et al., No.1:23-cv-14192.