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Added to YB: 2025-07-07

Pitch date: 2025-07-01

MRX [neutral]

Marex Group plc

+18.34%

current return

Author Info

Night Watch Investment Management is an alternative asset manager focused on global equities, selected based on our in-depth proprietary research. Our investment style is best described as value plus catalyst. Visit their website.

Company Info

Marex Group plc, a financial services platform company, provides liquidity, market access, and infrastructure services to clients in the commodity and financial markets in the United Kingdom, the United States, and internationally.

Market Cap

$3.2B

Pitch Price

$38.89

Price Target

N/A

Dividend

1.35%

EV/EBITDA

N/A

P/E

11.54

EV/Sales

N/A

Sector

Capital Markets

Category

special_situation

Show full summary:
Night Watch Investment Management Added On Portfolio Holding: Marex Group plc

MRX (increased position): Futures Commission Merchant in major commodities exchanges. Thrives in high volatility - when oil/FX moves rapidly, trading volumes & spreads increase while earning more on margin deposits. Industry consolidation favorable as FCMs halved since 2002. Added aggressively during April selloff. Up 105% since May ($19 to $39).

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