BidX Markets adds 120 Crypto CFDs to multi asset offering for pros and brokerages
London-based trading technology provider BidX Markets has added over 120 Crypto CFDs to its product portfolio catering to professional traders and brokerages.
BidX Markets boasts a white label solution for brokerages that covers a wide range of markets, including FX, Commodities, share CFDs, and index CFDs. The turnkey solution features MetaTrader 4 and MetaTrader 5 and is connected to many leading broker hubs for liquidity distribution, including Your Bourse, Tools For Brokers, Solid., Gold-i, and FXCubic. As to connectivity, Beeks Financial Cloud, UltraFX VPS, and Liquidity Connect do the trick.
Professional traders can also turn to BidX Markets to gain access to its capabilities and offering including the 120 crypto CFDs by opening an Individual Account.
BiX Markets added crypto to bring diversification to its clients
The FCA authorised and regulated firm is a leading price maker and taker for Spot trading and CFDs of FX, metals and indices. Adding cryptocurrencies to the mix was strategically the next logical step.
Simon Blackledge, CEO and Founder of BidX Markets said: “As we grow as a company and as the world becomes more open to the adoption of cryptocurrencies we are also evolving and adapting our offering to meet these needs. Expanding into the Cryptocurrency and blockchain markets was important for us in order to bring diversification to our clients.”
“We cater for professional traders and brokerages of all sizes, with different requirements and objectives. To meet these needs, we have developed a long list of crypto products to make our offering as versatile and appealing as possible especially in these volatile times that digital currencies are going through.”
BidX Markets has recently hired James Roddy as Head of Institutional Sales as part of its efforts to expand the business further in both professional and brokerage segments. He will help solidify BidX Markets’ operations in the wholesale foreign exchange market, bringing two decades of expertise in the FX space to the role.
The experience he accrued during his nearly 23 years tenure in the prime brokerage field likely influenced BidX’s decision to hire him to guide its institutional sales department.
Roddy joined BidX Markets from digital asset clearing network BOSONIC, based in London, where he was head of institutional sales. Previously, he spent six years as business development manager at VIBHS Financial UK. Prior to that, he held an analogues position with ICM Capital between 2013 and 2016. Other stops include different roles at Valbury Capital, ODL Securities, BGC Partners and TP ICAP, part of a career dating back to 1999.
Launched in 2021, BidX Markets provides tailored access for brokers, asset managers, and funds to industry leading Tier 1 liquidity, connectivity, and distribution services. The firm’s founding team comprises of industry experts from Barclays Capital, LMAX, and BNP Paribas. The firm also introduces technology partners, including Beeks Financial Cloud, Your Bourse, and Gold-i.