Marex clears first-ever US Treasury delivery on FMX Futures Exchange
18 September 2025 US
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Marex Group has released the world鈥檚 first US Treasury (UST) delivery on FMX Futures Exchange.
Marex鈥檚 delivery of the first UST on FMX follows the platform鈥檚 launch of 2-year and 5-year UST futures contracts in May of 2025.
The firm has supported growth of FMX as one of its largest clearing members since the platform launched on SOFR futures contracts, clearing the first-ever trade on the exchange in September 2024.
Access to the FMX Futures Exchange provides Marex clients with significant capital saving opportunities through its clearing partnership with clearinghouse for interest rate swaps (IRS), LCH.
In July 2024, Marex became the first non-bank clearer of IRS on LCH.
As a clearing member of both FMX and LCH, clients of Marex can access competitive offsetting between their UST Futures positions on FMX and LCH IRS portfolios.
Commenting on the delivery, Steve Hood, Marex head of clearing, US states: 鈥淚nitiatives like this reinforce Marex鈥檚 position as a leading non-bank alternative to traditional investment banks.
鈥淎s one of the few non-bank futures commission merchants (FCMs) with an investment grade credit rating, we鈥檙e able to be a first mover in the market, responding to our client鈥檚 unique needs with innovative products and services.鈥�
Robert Allen, president of FMX Futures Exchanges, adds: 鈥淭he first US Treasury delivery on FMX is a significant moment for our exchange and for the market.
鈥淪ince launching in September 2024 with SOFR futures, our goal has been to build a diverse, resilient platform that delivers real value to market participants.
鈥淭oday鈥檚 milestone underscores the momentum behind FMX and our commitment to offering innovative, client-driven solutions.鈥�
Marex鈥檚 delivery of the first UST on FMX follows the platform鈥檚 launch of 2-year and 5-year UST futures contracts in May of 2025.
The firm has supported growth of FMX as one of its largest clearing members since the platform launched on SOFR futures contracts, clearing the first-ever trade on the exchange in September 2024.
Access to the FMX Futures Exchange provides Marex clients with significant capital saving opportunities through its clearing partnership with clearinghouse for interest rate swaps (IRS), LCH.
In July 2024, Marex became the first non-bank clearer of IRS on LCH.
As a clearing member of both FMX and LCH, clients of Marex can access competitive offsetting between their UST Futures positions on FMX and LCH IRS portfolios.
Commenting on the delivery, Steve Hood, Marex head of clearing, US states: 鈥淚nitiatives like this reinforce Marex鈥檚 position as a leading non-bank alternative to traditional investment banks.
鈥淎s one of the few non-bank futures commission merchants (FCMs) with an investment grade credit rating, we鈥檙e able to be a first mover in the market, responding to our client鈥檚 unique needs with innovative products and services.鈥�
Robert Allen, president of FMX Futures Exchanges, adds: 鈥淭he first US Treasury delivery on FMX is a significant moment for our exchange and for the market.
鈥淪ince launching in September 2024 with SOFR futures, our goal has been to build a diverse, resilient platform that delivers real value to market participants.
鈥淭oday鈥檚 milestone underscores the momentum behind FMX and our commitment to offering innovative, client-driven solutions.鈥�
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