Marex Group (MRX)
Connects commodity and financial-market clients through clearing, execution, liquidity and hedging.
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Provides clearing, agency execution, prime services, market making and tailored hedging and investment products across commodity and financial markets. Revenue comes from commissions, trading spreads, product pricing and interest on client balances, linking performance to trading activity, interest rates and regulated market access.
Connects commodity producers, consumers and financial institutions to global markets through Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions. These businesses provide exchange access and clearing, broker listed and over-the-counter trades, supply prime and financing services, quote principal liquidity, and create bespoke hedges and structured notes.
Operates across Europe, the Americas, Asia and the Middle East through an office and exchange network. Revenue combines commissions, trading spreads, returns embedded in product pricing and interest on client balances. A shared platform supports cross-selling, while acquisitions extend product and regional coverage.
Works through regulated subsidiaries with jurisdiction-specific capital and liquidity requirements. Results depend on transaction activity, client balances, interest rates, exchange and clearing access and the control of market, counterparty, liquidity and technology risks.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 14, 2026 | Goldman Sachs | Reiterate | Rating: —Target: $33 | Target: $80 |
| Aug 13, 2026 | UBS | Reiterate | Rating: —Target: $36 | Target: $90 |
| Aug 13, 2026 | Barclays | Reiterate | Rating: —Target: $76 | Target: $86 |
| Jul 20, 2026 | Jefferies | Reiterate | Rating: —Target: $24 | Target: $80 |
| Jul 15, 2026 | Piper Sandler | Reiterate | Rating: —Target: $55 | Target: $75 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $8.45B · Total debt $2.82B · Total assets $42.13B · Shareholders' equity $1.87B
- Revenue
- $1.18B
- Operating income
- $416.9M
- Net income
- $267.7M
HistoryDividendAnnual yield
| Institutions | 77.79% | 56.74M ADS | |
|---|---|---|---|
| 219 holders · as of Jun 30, 2026 | |||
| Insiders | 4.76% | 3.47M ADS | |
| 10 holders · as of Sep 9, 2026 | |||
| Other | 17.45% | 12.73M ADS | |
| remainder | |||
72.94M ADS as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
JRJ Investor 1 LPInstitution | 9.82% | 7.16M | filed Jul 24, 2025 |
FMR LLCInstitution | 7.36% | 5.37M ADS | as of Jun 30, 2026 |
Price T Rowe Associates Inc /MD/Institution | 6.75% | 4.92M ADS | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 6.30% | 4.59M ADS | as of Jun 30, 2026 |
Capital International InvestorsInstitution | 4.48% | 3.26M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 14, 2026 | Simon van den Born | officer: President | −15,271 | $70.87 |
| Sep 14, 2026 | Paolo Tonucci | officer: See Remarks | −16,666 | $70.87 |
| Aug 14, 2026 | Rob Irvin | director, officer: Chief Financial Officer | −3,700 | $70.96 |
| Aug 10, 2026 | Paolo Tonucci | officer: See Remarks | −16,668 | $60.92 |
| Jul 13, 2026 | Paolo Tonucci | officer: See Remarks | −16,666 | $64.42 |
- StoneX Group
Multi-segment overlap in clearing, execution and hedging
- BGC Group
OTC brokerage and energy-market infrastructure rival
- JPMorgan Chase
Large-bank rival in markets, clearing and structured products
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Marex Group | $72.46 | −0.26% | $5.23B | 18.7 | 12.4 | 1.2 | +43.6% |
| StoneX Group | $67.83 | −2.09% | $8.24B | 12.0 | 16.3 | 0.1 | +43.3% |
| BGC Group | $12.23 | −0.37% | $5.82B | 29.5 | 8.3 | 1.7 | +7.9% |
| JPMorgan Chase | $338.78 | −0.36% | $911.03B | 14.6 | 14.0 | 3.1 | +27.8% |
| Median | 14.6 | 14.0 | 1.7 | +27.8% |





