Marex Spectron Launches New Customizable Derivative Hedging Division

The new entity intends to provide new technologically innovative derivative hedging solutions for its clients.

London-based global commodities broker Marex Spectron today announced the launch of a division dedicated to derivative hedging solutions. The new division, Marex Solutions, aims to provide highly customised and efficient derivative hedging solutions. Marex states that it will incorporate many new innovations from the fields of fintech and data analytics.

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Marex Solutions will offer its clients a range of services from basic currency overlays, through to the full suite of participation, protection, price improvement, range extraction solutions, unlimited flexible hedging and fully customisable OTC derivative solutions. The new services will be provided in addition to the existing hedging instruments available through Marex Spectron. Marex Solutions will provide its clients with advanced tools and services like real-time derivatives calculation, life-cycle management and documentation automation.

Nilesh Jethwa has been appointed CEO. Jethwa is a former employee of Leonteq Securities, where he headed the Structured Solutions Division.

In an official statement after taking over in his new role, he said: “Marex Spectron’s name is synonymous with quality commodities broking, with leading teams and coverage across agricultural, metals and energy products. These advantages, alongside the extensive experience of the Marex Solutions team and cutting-edge technology, makes this a hugely exciting business.”

Ian Lowitt, CEO of Marex Spectron, explained that with its existing services through Marex Spectron, the new entity will help to expand the firm’s services in futures and options to more customised derivatives and offer customers a high level of services and innovative solutions. It also intends to close the gap in hedging solutions caused by reduced participation in the sector by banks.

The company also highlights in its announcement that it plans to develop a structured investment products platform.

Marex Solutions will offer its services to clients around the globe. The company is a division of Marex Financial Limited, which is authorised and regulated by the FCA.

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