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macroJul 1, 2026, 12:00 AM

Marex Redomiciliation to Bermuda Becomes Effective

Marex Group has completed its redomiciliation to Bermuda from England and Wales, effective July 1, 2026. The Nasdaq-listed broker said the move should streamline its corporate structure and cut costs.

Marex Group (Nasdaq: MRX), the diversified global financial services platform, has completed its redomiciliation from England and Wales to Bermuda. The change took effect at 8:41 a.m. London time on July 1, 2026, following approval by shareholders at meetings held on May 21, 2026, and the sanctioning of the scheme of arrangement by the English High Court on June 26, 2026.

The company said the redomiciliation brings it under the US-style corporate law of Bermuda, which it says aligns with its Nasdaq listing. Marex Chief Executive Officer Ian Lowitt said the previous corporate structure and regulatory framework had become complex as a result of the company's significant growth, including acquisitions. He said the move is expected to rationalize the company's corporate structure and regulatory framework, and to deliver cost savings and efficiencies.

Marex provides market access, infrastructure services and liquidity across global commodity and financial markets. Its services span Clearing, Agency and Execution, Market Making and Hedging and Investment Solutions. The group has a leading franchise in metals, energy and agricultural products, with access to more than 60 exchanges.

The company serves more than 3,400 active clients, including large commodity producers, consumers and traders, banks, hedge funds and asset managers. It operates more than 50 offices worldwide and employs over 3,000 people across Europe, Asia and the Americas.

Source: Marex