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Marex Financial joins ECC and ICE Endex

First Published 28th July 2016

Marex Financial becomes a member of European Commodity Clearing and ICE Endex.

London - Marex Financial, a subsidiary of commodities broker Marex Spectron Group, has become a member of European Commodity Clearing (ECC), a central clearing house for energy and related products in Europe, and ICE Endex, Intercontinental Exchange's continental European energy exchange for natural gas and power markets.

The admission to ECC will allow Marex Financial to provide clearing services for all ECC Non-Clearing Members and to all Marex Spectron clients while membership of ICE Endex authorises Marex Financial to clear trades on that exchange on behalf of its clients or other trading participants.

The ECC license covers all products and markets settled by ECC, which includes transactions concluded on CEGH Gas Exchange of the Vienna Stock Exchange, EEX, EPEX SPOT, HUPX, Gaspoint Nordic, NOREXECO, Powernext, Power Exchange Central Europe and SEEPEX.