Marex and NatWest today announce their cooperation to deliver a new cross margining solution.

The new service enables clients that access FX Futures through Marex, and FX prime brokerage services through NatWest’s markets business, to receive margin relief.

The collaboration ensures both Marex and NatWest can expand their service offering, whilst focusing on client satisfaction.

Terry Hollingsworth, Global Head of Futures & OTC Clearing Sales, Marex, commented:

“This collaboration means we are able to gain access to new clients and provide them with our best-in-class Clearing service. We are excited to be cooperating with NatWest, providing our clients with access to a margin offset for their FX prime brokerage services, complementing our own Prime services offering.”

Marcus Butt, Global Head of Prime Services, NatWest, added:

“We are delighted to team-up with Marex to deliver this innovative new service. Clients have their preferred providers for specific services and this solution allows them to benefit from collateral optimisation while maintaining their existing relationships.”