Marex Unveils Cash-Settled OTC Rolling Spot Crypto Product for Institutional Clients

Marex, a global financial services firm, has launched a cash-settled OTC rolling spot crypto product for institutional clients. This product allows long or short exposure to crypto markets without clients directly holding the underlying digital assets.

The product, launched on October 1, is designed to combine crypto-native market economics with Marex's existing credit, margin, and execution infrastructure.

This move is significant as it removes the operational burden of custody, which is a major obstacle for institutional investors. Direct crypto ownership creates work that doesn't exist with conventional financial instruments, including wallet infrastructure, private-key controls, custody relationships, settlement procedures, and internal policies.

Marex is entering a market where professional crypto flow is already getting larger and more specialized, with institutions generating 72% of Wintermute's spot OTC volume in the first half of 2026.

The product is integrated into Marex's existing institutional trading platform, Neon, which provides clients with streaming market depth, execution, real-time margin oversight, and portfolio management.