Search results for MRX

Tenzing MEMO publishes independent research you won't find anywhere else. Sign up for a free trial to access everything — including 18 articles published in the last two weeks.

September 09, 2026

Marex Group Limited (MRX)

Marex Group's Clearing Annuity Is Priced Like a Prop Book

At eleven times forward earnings against a mid-thirties return on equity and a client cohort deepening at 34% per relationship, the risk-reward is skewed to the upside, and the stock is worth owning even after the run.

Read Article ›