NatWest and Marex announced a new partnership to provide margin solution.
The partnership aims to enhance the efficiency of the margin of active customers in the foreign exchange markets.
According to a press release, the initiative will allow customers who reach FX Futures through Marex and use FX Prime FX from NatWest to take advantage of the margin displacement.
This is expected to reduce the requirements of guarantee while maintaining customer’s favorite trading relationships.
“This cooperation means that we are able to access new customers and provide them with the best clearing service in its class,” said Terry Holingsworth, the global clearing president of Marx’s clearing sales.
“We are excited to cooperate with NatWest, as we provide our customers with the ability to displace the margin for their FX Prime Brokerage services, with our initial services offers.”
“Customers have their favorite service providers for specific services, and this solution allows them to benefit from the security improvement while maintaining their current relationships,” added Marcus Pot, Global Primary Services Head of Natestist.
The partnership enables both companies to expand their service offers and enhance customer satisfaction in an increasingly conscious competitive circulation environment.