Marex agrees to acquire Singapore-based clearing business Bright Point International
Diversified global financial services platform Marex Group Limited (NASDAQ:MRX) today announced it has agreed to acquire Bright Point International (BPI), an Asia-focused clearing business, to further expand its footprint across the Asia Pacific region and provide access to the markets in China.
BPI is a Singapore-based multi-asset clearing business with strong Asia Pacific and China-linked client relationships, adding scale, client balances and regional expertise to Marex. BPI provides its clients with access to commodities and financial products, including FX, index futures and options and digital asset derivatives.
The acquisition will add approximately $800m in client balances and over 70 employees across Singapore, Hong-Kong, China, Norway and the United Kingdom.
The deal is subject to regulatory approval and is expected to complete by late 2026 or early 2027.
Thomas Texier, Group Head of Clearing, commented:
“BPI is a well-established business with an experienced and high-quality team. This deal will drive additional revenues by adding clients and increasing client balances and is also expected to provide material synergies from the internalization of some clearing activities. Importantly, it will also enhance our ability to service clients in Asia with a broader range of services from the Marex platform and provide existing Marex clients with an improved access to Chinese markets.”
Kenny Mah, Group CEO of BPI said:
“Today’s announcement marks an exciting new chapter for BPI. Joining Marex represents a significant opportunity to accelerate our growth, broaden the solutions we can offer our clients and provide our people with access to a truly global platform. We share a common commitment to integrity and client service, and I am confident that together we will be even better positioned to support our customers in an increasingly dynamic marketplace.”
