Exclusive FNG… FNG has learned that London-based, FCA-regulated liquidity solutions and white label brokerage liquidity provider BidX Markets is rebranding as Multi Asset Solutions.
The company has already changed its official corporate name from BidX Markets Limited to Multi Asset Solutions Limited, effective February 28, 2024. We believe that BidX / Multi Asset Solutions will make an official announcement and reveal the new name in the coming days .
BidX Markets was launched in 2021 by CEO Simon Blackledge, who previously ran MT4/MT5 white label solutions provider itexsys. The London-based brokerage provides brokers, asset managers and funds with personalized access to industry-leading liquidity, connectivity and distribution services 1. BidX also provides turnkey White Label trading platform solutions to retail brokers, agency desks and regulated fund managers.
BidX Markets has tripled its 2023 Revenue to just over £1m, in its second full year of operation. The company recently launched a Spread Betting platform for professional traders and has made a few senior hires of late, including CFO Liam Bonfield. BidX / Multi Asset Solutions received strategic investment from non-bank trading firm Solid in 2022, in exchange for 9.9% ownership of the company. Simon Blackledge continues to own more than 75% of BidX / Multi Asset Solutions.