Diversified global financial services platform Marex Group Limited (NASDAQ:MRX) today announced that it has completed the acquisition of European equity derivatives market maker Webb Traders.

Webb Traders has offices in Amsterdam and Paris and specialises in single stock options market making for European and US mid and large cap equities.

The acquisition further strengthens Marex’s market making capabilities, bringing to Marex a strong, technology led team of market makers, quants and developers. This addition also brings further electronic trading capabilities to Marex, in line with its strategy to diversify earnings.

The acquisition will further enhance Marex’s established Equity Linked Structured Products platform allowing the Group to internalise hedging, enhance profit margins and provide better pricing for clients.