MultiBank.io Hires Malcolm Baker as Head of Trading for Crypto Derivatives Unit

Leading online brokerage group MultiBank has announced the appointment of Malcolm Baker as Head of Trading for its MultiBank.io regulated crypto derivatives trading unit. Mr. Baker is based in Dubai.

Malcolm Baker joins MultiBank.io from M2, a UAE-based regulated crypto Multilateral Trading Facility (MTF), where he served as Senior OTC Crypto Trader and Market Maker. In that role, he oversaw critical operations including OTC crypto services, on-exchange liquidity, DeFi-CeFi token liquidity management, borrow/loan book management, proprietary trading, and delta-one trading. His previous experience also includes tenures at OSTC, Bitpanda, Eqonex Group, and Inertially. From 2012 to 2015, Malcolm served as Head of FX & Interest Rate Product Development APAC at CME Group in Singapore.

MultiBank.io is a regulated cryptocurrency exchange operating under MultiBank Group. It offers a user-friendly platform for instant, secure trading of cryptocurrencies including Bitcoin and Ethereum. With a Virtual Asset Service Provider (VASP) License from VARA for exchange and broker-dealer activities, MultiBank.io is positioned to accelerate its growth as a premier digital asset exchange and contribute to Dubai's blockchain ecosystem. The company's expansion strategy includes bolstering its team, enhancing its service offerings, and forming strategic partnerships, all aimed at driving the advancement of the cryptocurrency industry in the region.

Malcolm Baker posted a note on social media today regarding his new role at MultiBank.io, stating: "Exciting News - I've joined MultiBank.io as Head of Trading, part of the wider Multibank Group." He added, "Kicking off this new chapter, I'm proud to be part of the great team leading the rollout of our Crypto Derivatives suite." He also highlighted features of the upcoming derivatives suite, including "50+ pairs, supported by a compelling platform built for performance: Deep liquidity, Leverage up to 125x, No liquidation fees, 24/7 live support, Regulated framework, Dynamic margin model, Zero trading fees."