The company's net trading income grew by 39%, reportedly driven by increased demand for hedging and investment solutions.
Commission income also rose substantially after the company’s acquisition of Cowen's prime services business.
Marex Group posted a strong performance in the third quarter, with a 66% year-over-year increase in pre-tax profits, a surge in revenue and trading income. In the three months ending September, the group reported a 32% jump in revenue, reaching $391.2 million. This figure compares to $296.6 million in the same period last year.
Profit and Revenue
According to the financial reports, Marex's positive results were boosted by high customer activity, particularly in energy and securities. Net trading
income rose 39%, reportedly due to high demand for hedging and investment
solutions.
Commenting about the performance, Ian Lowitt, Marex’s Group
Chief Executive Officer, said: “In the last few months, we have invested to
further diversify our global platform, expanding our capabilities and
geographic footprint, in line with our strategy to add new clients and increase
the services we can provide them.”
“We have continued to grow our capital base and
diversify our funding sources with a successful senior debt issuance, and we
were pleased to see strong investor demand for the recent share placement
launched by our shareholders, which increased liquidity in our stock.”
The company acquired Cowen's prime services
business to strengthen its agency and execution division. This reportedly
pushed net commission income up by 15% to $202.8 million.
Source: Marex
Besides that, net interest income doubled from $31.4
million to $63.5 million, reportedly benefiting from reinvested assets at higher yields.
Marex continues to strengthen its position through acquisitions aimed at
geographic and sectoral growth.
The group expanded its presence in the Middle East
with the acquisition of Aarna Capital and enhanced its FX capabilities with the purchase of Hamilton Court Group. Additionally, Marex reported an increase in total assets to $19.5 billion as of September 30, 2024, a $1.9 billion jump from the
end of 2023.
Nine Months Ending September
Following the positive results, the Board approved a dividend of $0.14 per share,
payable on December 10, 2024, to shareholders of record as of November 25. For the nine months ending September 30, Marex registered
a 39% increase in pre-tax profits, amounting to $218 million, compared to
$157.1 million in the same period last year.
Year-to-date revenue rose by 28% to $1.18 billion,
with net commission and trading incomes showing substantial growth. With
Adjusted Operating Profit for Q3 2024 at $80.5 million, a 52% increase from Q3
2023, the company's operating margins also improved, rising from 18% to 21%.
Following the strong performance, Marex upgraded its
full-year profit guidance, now anticipating an Adjusted Operating Profit of
$300 million to $305 million, up from the previous estimate of $280 million to
$290 million.
Marex Group posted a strong performance in the third quarter, with a 66% year-over-year increase in pre-tax profits, a surge in revenue and trading income. In the three months ending September, the group reported a 32% jump in revenue, reaching $391.2 million. This figure compares to $296.6 million in the same period last year.
Profit and Revenue
According to the financial reports, Marex's positive results were boosted by high customer activity, particularly in energy and securities. Net trading
income rose 39%, reportedly due to high demand for hedging and investment
solutions.
Commenting about the performance, Ian Lowitt, Marex’s Group
Chief Executive Officer, said: “In the last few months, we have invested to
further diversify our global platform, expanding our capabilities and
geographic footprint, in line with our strategy to add new clients and increase
the services we can provide them.”
“We have continued to grow our capital base and
diversify our funding sources with a successful senior debt issuance, and we
were pleased to see strong investor demand for the recent share placement
launched by our shareholders, which increased liquidity in our stock.”
The company acquired Cowen's prime services
business to strengthen its agency and execution division. This reportedly
pushed net commission income up by 15% to $202.8 million.
Source: Marex
Besides that, net interest income doubled from $31.4
million to $63.5 million, reportedly benefiting from reinvested assets at higher yields.
Marex continues to strengthen its position through acquisitions aimed at
geographic and sectoral growth.
The group expanded its presence in the Middle East
with the acquisition of Aarna Capital and enhanced its FX capabilities with the purchase of Hamilton Court Group. Additionally, Marex reported an increase in total assets to $19.5 billion as of September 30, 2024, a $1.9 billion jump from the
end of 2023.
Nine Months Ending September
Following the positive results, the Board approved a dividend of $0.14 per share,
payable on December 10, 2024, to shareholders of record as of November 25. For the nine months ending September 30, Marex registered
a 39% increase in pre-tax profits, amounting to $218 million, compared to
$157.1 million in the same period last year.
Year-to-date revenue rose by 28% to $1.18 billion,
with net commission and trading incomes showing substantial growth. With
Adjusted Operating Profit for Q3 2024 at $80.5 million, a 52% increase from Q3
2023, the company's operating margins also improved, rising from 18% to 21%.
Following the strong performance, Marex upgraded its
full-year profit guidance, now anticipating an Adjusted Operating Profit of
$300 million to $305 million, up from the previous estimate of $280 million to
$290 million.
FCA Hands BGC the Keys to EUR and GBP Benchmark Pricing
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
