Broker takes baby steps back into crowded market

Marex Spectron is making a low-key return to the FX market, just over four years after it terminated its foreign-exchange business.

shoes-suits-crowd-R-300

Multi-asset brokerage house Marex Spectron sounded like it had had enough of the FX market in August 2014, stating that demand for foreign-exchange services had fallen and that this part of its business was not a notable revenue generator. It began building its global FX business only two years earlier.

However, in October the firm launched a new FX platform, which includes a desktop and mobile app for FX and precious metal spot trading and market monitoring.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access