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Marex Opens Minneapolis Office, Further Enhances OTC Commodity Offering

<p><span>Marex, the global financial services company, today announced that it has established an office in Minneapolis, which serves as a central hub for commodity risk management, with major agricultural companies and large commodity risk managers located in the region. As part of the move, Marex has tapped long-time agricultural industry veterans Dan Hofstad and Charlie Fee to co-head the office and oversee further growth of its over-the-counter (OTC) agricultural offering in the ...
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UK brokerage touts exotic Bitcoin bet to wring income from crypto

As cryptocurrency pushes into mainstream finance and attracts billionaire tycoons, one UK brokerage is offering the merely wealthy a potentially safer way to play Bitcoin. The price: giving up any hope of the kind of stratospheric gains the digital coin is famous for. London-based Marex Spectron Group is selling a structured product known as an autocallable to people with at least $200,000 to invest, according to a term sheet. If the cryptocurrency stays relatively stable for awhile, Marex cl...
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