Marex and NatWest have announced a new cross-margining arrangement that enables FX clients to reduce collateral requirements by linking futures and prime brokerage positions. The initiative targets institutions that use Marex for FX futures and NatWest for FX prime brokerage, promising a margin relief through a coordinated service.

The collaboration aims to improve capital efficiency for clients without requiring them to consolidate providers. Both firms say the solution supports clients who maintain separate relationships for clearing and prime brokerage but seek to avoid double margining.

The service is expected to appeal to institutions active in both listed and OTC FX markets, particularly those seeking to optimise collateral usage in a fragmented trading environment. Both firms indicated the move expands their offerings and enhances competitiveness in a capital-sensitive market.

Expect ongoing updates as this story evolves.

Source: Finance Magnates