Marex Announces Launch of Non-Bank Swap Clearing Services
Marex, a global financial services platform, has announced its plans to introduce client clearing services for interest rate swaps. The company is poised to become the first non-bank Futures Commission Merchant (FCM) to offer this service through LCH’s SwapClear, pending final approval. Marex to Launch Client Clearing for Interest Rate Swaps Marex’s initiative comes as…