BidX Markets Changes Its Name to Multi Asset Solutions

Fazzaco has learned that BidX Markets, a global FCA-regulated multi-asset liquidity solutions provider, has successfully rebranded itself as Multi Asset Solutions. The specific reasons for the name change have not been disclosed.

According to an update published on the official website of the UK Government on February 28, “The Registrar of Companies for England and Wales hereby certifies that under the Company Act 2006, BidX Markets, a company incorporated as private limited by shares, having its registered office situated in England and Wales, has changed its name to Multi Asset Solutions Limited. "

Founded in 2021 by CEO Simon Blackledge, BidX Markets provides liquidity, connectivity and distribution services to financial services organizations such as brokers, asset managers and funds.

In its recently published financial report for FY23​, its second full year of operation covering the period ended on May 31, 2023, the company reported impressive growth with turnover of £1.05 million, more than tripling from £297,000 in FY22. Net profit for the year also soared from £44K in FY22 to £73K.

Last month, the company hired Liam Bonfield​, who has over two decades of experience in financial management, as its Chief Finance Officer to steer the company's financial operations towards continued growth and success.