LONDON and CHICAGO, Feb. 4, 2019 /PRNewswire/ -- Marex Spectron, one of the world's largest commodities brokers, today announced that it has completed the acquisition of the customer business of Rosenthal Collins Group LLC (RCG®), a leading independent Futures Commission Merchant (FCM). Through the acquisition, which was announced on 20 December 2018, Marex Spectron maintains the RCG name and brand, 14,000 client accounts and balances, 150 associated staff and the Chicago headquarters.
As part of Marex Spectron, RCG clients retain the excellent service model and gain access to new products and capabilities, including:
About Marex Spectron Group Limited
Marex Spectron is a leading global commodities brokerage, with significant market share of many major Agricultural, Metal and Energy products. Headquartered in London, Marex Spectron's extensive international network covers Europe, Asia and North America markets. State-of-the-art electronic and voice broking services facilitates all types of trading strategies. This is backed by decades of experience, with Marex Spectron placing great emphasis on intellectual knowledge and insight, alongside access to extensive data sets and the latest analytical tools. Clients are commodity producers and consumers, banks, hedge funds, asset managers, brokers, commodity trading advisors and professional traders. Global exchange memberships include, amongst others, the London Metal Exchange (LME), CME Group and ICE Group. Marex Spectron is regulated in the UK by the FCA, in the U.S. by the NFA and CFTC, in Hong Kong by the SFC, and in Singapore by the MAS.
For more information visit www.marexspectron.com.
About RCG
RCG launched in 1923 and became Rosenthal Collins Group in 1988 with the merger of Rosenthal & Co. and Collins Commodities. Today Rosenthal Collins Group is owned by Marex Spectron, the global commodities broker, and is one of the world's leading regulated Futures Commission Merchants (FCMs) offering trading execution, clearing, brokerage, managed futures and a full range of electronic trading services. RCG has a wide range of institutional, commercial, professional and retail customers around the globe, as well as a large network of more than 150 introducing broker and correspondent brokerage relationships. RCG holds clearing memberships on all principal U.S. futures exchanges and has access to world futures markets through a network of correspondent relationships. Further information about Rosenthal Collins Group can be found at www.RCGdirect.com.
SOURCE Marex Spectron
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