FCA-regulated BidX Markets launches spread betting for professional traders in UK

Rick Steves

“What makes this product particularly appealing is benefiting from trading access normally only available for institutions, resulting in a lower cost to trade.”

BidX Markets has announced the launch of a spread betting platform for professional traders in the United Kingdom.

Covering a wide range of markets including FX, Bullion, Indices and Shares, the platform os available on web, mobile app, and a version of MetaTrader 4 that has been built exclusively for Spread Betting.

The FCA-regulated provider of multi-asset liquidity and trading technology has decided to launch a spread betting platform to address traders’ need to diversify their portfolios and seize opportunities across global markets.

Multi-asset institutional liquidity derived from Tier1 and regional banks, ECN’s and trading venues

The spread betting platform allows access to multi-asset institutional liquidity derived from Tier1 banks, regional banks, ECN’s and professional trading venues – this includes use of EA’s, as well as advanced order execution, charting tools and fast execution.

Those who meet the professional Client Classification will benefit from access to leverage, bespoke margin call levels, no commission, out of hours trading on some instruments 24 hours, 7 days and more by arrangement, BidX Markets stated. The main point of contact for interested parties is James Roddy, HNW Professional Client Sales at BidX Markets.

“We are delighted to be making the announcement that BidX Markets has now expanded its product offering to include Spread Betting for our Professional Clients – this move embodies our commitment to continue to deliver innovative and customer-centric solutions. What makes this product particularly appealing is benefiting from trading access normally only available for institutions, resulting in a lower cost to trade”, said BidX Markets’ James Roddy.

BidX Markets is a London-headquartered and FCA-authorized provider of tailored access for brokers, asset managers and funds to industry leading Tier 1 liquidity.

BidX Markets appointed Elizabeth Leskauskaite as Liquidity Manager

BidX Markest has recently appointed Elizabeth Leskauskaite as Liquidity Manager of the the global multi-asset liquidity and B2B trading technology provider.

Elizabeth Leskauskaite brings strategic vision and wide-ranging expertise to further strengthen the company’s position in the market, the company stated in its announcement. The newly appointed Liquidity Manager will oversee and optimize liquidity management strategies, ensuring seamless execution, enhanced market access, and superior trading conditions for the firm’s valued clients.

With a focus on maximizing profitability and minimizing risk, Elizabeth will play a pivotal role in driving BidX Markets and its client’s financial growth to ensure they maintain their competitive edge.

BidX Markets launched in 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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