Stifel Enters Prime Brokerage Referral Partnership

Stifel Financial has partnered with Marex Group in a prime brokerage referral partnership, with the goal of more effectively servicing both firms’ hedge fund and investment management clients according to a story in MarketsMedia news. Through the partnership, Marex’s institutional clients will gain access to Stifel’s research banking and corporate access services. In turn, Stifel clients will be offered Marex’s trading and execution capabilities by the institutional sales and trading group. John Spensieri, co-head of equity trading at Stifel, commented: “Marex has a well-established prime brokerage and outsourced trading business, with technology-powered data, that will complement our emphasis on offering differentiated products to meet the evolving needs of our global client base.”