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Stock impact report

Marex Group (MRX) Acquires Webb Traders to Boost Trading Capability [Yahoo! Finance]

Marex Group plc - Ordinary Shares (MRX) 
Company Research Source: Yahoo! Finance
?Marex Group plc (NASDAQ: MRX ) is one of the Best Undervalued UK Stocks to Invest In . On February 6, Marex Group plc (NASDAQ:MRX) announced the acquisition of Webb Traders, which is a European market maker in equity derivatives. ?Management noted that this acquisition is aimed at boosting the company's capabilities in trading and pricing options tied to stocks. Webb Traders operates from Amsterdam and Paris. The company focuses on market making for single-stock options on mid and large-cap equities in Europe and the US. The company said that the addition of Webb Traders brings a team of traders, quants, and developers. Moreover, the risk management style of Webb Traders also matches Marex's conservative approach. Marex Group (MRX) Acquires Webb Traders to Boost Trading Capability ?The strategic acquisition is expected to strengthen Marex's “Equity Linked Structured Products” platform and enable internalizing hedging, allowing the company to handle risk-offsetting trades in-ho Show less Read more
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