Marex Group plc (NASDAQ:MRX) is one of the 11 Hot New Stocks to Invest in Now. On July 1, Marex Group plc (NASDAQ:MRX) announced the completion of the acquisition of Hamilton Court Group.
Hamilton Court specializes in foreign exchange services, and the deal is said to expand Marex Group plc’s (NASDAQ:MRX) FX business by adding new services and expertise to the company’s platform. The strategic move also aligns with the company’s focus on diversifying its earnings. As a result of this transaction, 170 employees from Hamilton Court will join the company. These employees are based in London, Milan, Madrid, and Toronto.
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Marex Group plc (NASDAQ:MRX) is a global financial services company. The company provides liquidity, market access, and infrastructure services across energy, commodities, and financial markets.
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Disclosure: None. This article is originally published at Insider Monkey.