Marex Acquires BPI to Expand Asia Business

Marex Group has agreed to acquire Bright Point International, an Asia-focused clearing business across FX, commodities, derivatives, indices and digital assets.

Marex says the acquisition of the Singapore-based firm will enable it to further expand its footprint across the Asia Pacific region and provide access to the markets in China. It adds the acquisition will add approximately $ 800 million in client balances and over 70 employees across Singapore, Hong-Kong, China, Norway and the United Kingdom.

The deal, terms of which were not released, is subject to regulatory approval and is expected to complete by late 2026 or early 2027.  

“This deal will drive additional revenues by adding clients and increasing client balances and is also expected to provide material synergies from the internalisation of some clearing activities,” says Thomas Texier, group head of clearing, Marex. “Importantly, it will also enhance our ability to service clients in Asia with a broader range of services from the Marex platform and provide existing Marex clients with an improved access to Chinese markets.”

Kenny Mah, group CEO of BPI, adds, “Joining Marex represents a significant opportunity to accelerate our growth, broaden the solutions we can offer our clients and provide our people with access to a truly global platform.”