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HomeInstitutional FXBidX Markets enhances multi-asset liquidity solutions with Solid's low latency ECN
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BidX Markets enhances multi-asset liquidity solutions with Solid’s low latency ECN

FCA regulated multi-asset liquidity solutions provider BidX Markets has received investment from ultra-low latency multi-bank ECN Solid.

The move aims to build a strategic partnership between both financial institutions, who will work in collaboration to benefit from both firms’ longstanding industry expertise.

The partnership will see BidX Markets providing their clients with full access to global institutional FX liquidity and technology. The firms will offer liquidity management services and detailed breakdown of trading activity and mark outs.

BidX Markets provides tailored access for brokers, asset managers, and funds to industry leading Tier 1 liquidity, connectivity, and distribution services.

Simon Blackledge, CEO and Founder of BidX Markets, said: “The decision to welcome new partners was taken to prepare BidX Markets for its next growth phase and help us support our rapidly expanding institutional client base. As the market becomes increasingly more competitive, it is so important to find an edge which will help enhance our service offering to clients and provide true value. We are very pleased to be working so closely with the Solid team and believe this partnership will allow us to compete at the highest level.”

Diego Baptista, Director at Solid commented: “We are delighted to be working with Simon Blackledge, CEO and Founder of BidX Markets and his entire team that is quickly expanding. This strategic partnership and the investment we have made into one of the up-and-coming trading solutions providers will open new opportunities for both firms within the online trading industry. BidX Markets and its team, have an outstanding reputation which we’re proud to be associated with.”

Launched by Itexsys’ Simon Blackledge in November 2021

It was in November 2021 that Simon Blackledge officially launched BidFX Markets as a multi-asset liquidity solutions provider for brokers.

Simon Blackledge, who also runs MT4 / MT5 White Label solutions company Itexsys, obtained FCA approval for BidFX at the beginning of 2021.

The company’s founder stated that the service aims to address client demand for a market-neutral and tailored solution that connects brokers, asset managers, and funds to industry leading Tier-1 liquidity, connectivity and distribution services.

The BidX Markets 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.

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