A Look Back at Marex’s First Product Redemption on Borsa Italiana 

Just three years ago, the Financial Products team launched the very first Marex structured product on Borsa Italiana — a Phoenix Memory Autocall on a basket of the worst-performing pharma stocks. It offered a 10.80% quarterly coupon with downside protection of up to -40%. It was a bold first product to launch, blending innovation and market opportunity, but we were enthusiastic.

Fast forward to last Friday, the product redeemed at par, delivering a 32.4% return to investors since the issue date. Despite the underlying stock’s decline from the initial spot, the product performed well. It’s a clear illustration of how structured products can unlock opportunities and manage risks where traditional strategies might not work. This performance wasn’t just a reflection of the strength of the product — it was a testament to our approach: resilient, adaptable, and focused on delivering value, no matter the market conditions. 

Since then, we’ve issued over 800 products, keeping our clients’ needs at the forefront; whether through yield enhancement, capital protection, or exposure to diverse asset classes, we’ve stayed true to our objectives: offering high-quality, tailored investment solutions. Along the way, we’ve witnessed firsthand how structured products can help investors navigate uncertainty and seize opportunities even in challenging times.

As we look back on these three years, we’re proud of how far we’ve come. We’ve earned multiple awards, including Certificate of the Year and Issuer of the Year, and saw some product firsts such as Marex’s Credit Linked Note and Crypto Autocallable in 2024. And, by end-2024, we were ranked among the top issuers on Borsa Italiana with over 1.5 billion EUR in traded volume. But the real reward has been the trust and support we’ve received from our clients and partners. 

The journey so far has been very rewarding. Now, as we celebrate this first product redemption, we’re more excited than ever about the future, offering our clients many more market driven innovative solutions.

Learn more about our growth, innovation, and award wins.

For more information on our structured products in Italy, visit our Certificati products page.

Share this article