Marex today announced the completion of the acquisition of select entities from OTCex Group.
This deal, which includes HPC SA, OTCex Hong Kong and OTCex LLC, was first announced in June 2022. The addition of HPC/OTCex strengthens Marex’s capabilities in Equities, Structured Products, Fixed Income and Commodities.
Headquartered in Paris, the HPC/ OTCex businesses have operations in London, Dubai, Hong Kong, New York, Paris, Lisbon and Tel-Aviv. These businesses and over 200 employees are now part of Marex Group. As part of the transaction the OTCex and HPC brands (including HPC Investment Partners) will be transferred to Marex.
Fred Metz, CEO of HPC/OTCex, commented: