Marex customer funds steady despite short-seller claims
Marginal dip following Ningi report offset by rebound in following weeks
Customer funds at Marex Capital Markets largely held firm through August despite allegations published by short-seller Ningi Research on August 5.
On the day of the report, Marex held $9.06 billion of customer funds in segregated accounts for futures and options clearing. Balances ticked down by $156.7 million the next day to $8.91 billion, but recovered in the following sessions.
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