London-based commodities broker Marex has filed for an initial public offering (IPO) in New York in a huge blow to the City after a drought of floats this year.
Marex confirmed today it has submitted a filing to the US Securities and Exchange Commission to confirm it will go ahead with an IPO in New York next year.
International Business News: British commodities broker Marex Group plans to list its shares in New York, dealing another blow to London's efforts to attract companies to its stoc
Marex Group, a British commodities broker, announced plans on Friday to list its shares in New York, the latest blow to London s bid to attract companies to its stock exchange..
British commodities broker Marex Group has officially filed for an initial public offering in New York, eight months after announcing its decision to list.