BidX Adds Lina Litvinovaite and Glen Ward to Senior Management Team

BidX Markets, the newly launched multi-asset liquidity provider, has added two industry heavyweights, Lina Litvinovaite and Glen Ward, to senior management of the FCA-regulated company. Litvinovaite joined as the Chief Operating Officer, while Ward is the Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term Officer.

Announced on Thursday, both the individuals joined the company earlier this year, thus strengthening its leadership team.

Two Experienced Executives

Litvinovaite has brought 13 years of diverse experience to her new role. Her most highlighted experience, according to her Linkedin profile, is her seven-year-long tenure with LMAX Global. There, she joined in a customer service role and parted as the Head of Broker Operations. Before joining BidX, she headed customer support at Simplex, which was acquired by Nuvei earlier this year.

“I believe that our clients and their needs should always be at the center of our attention, and I’m glad I will be working with such an experienced team [at BidX] who share the same views,” Litvinovaite said. “BidX Markets already service a strong base of clients, and an expansion of the team will continue to provide unique liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term solutions through ongoing innovation.”

In contrast, Ward is an expert with three decades of work experience. He spent significant time with some big trading brands like ICM Capital, London Capital Group, ODL Securities and a few more. Most recently, he was the COO at Gedik International for more than a couple of years.

Ward commented: “Throughout my career, I have always strived to be at the forefront of industry advancements and place a strong value on leading with a client-centric approach. BidX Markets provides both in bundles, and I look forward to working with this dedicated team of industry professionals.”

Regulated in the United Kingdom, BidX is relatively a new player in the liquidity-providing industry. The company was founded and is being headed by Simon Blackledge.

“The core of the BidX Markets business is centered on expertise and service. With the new appointments of Lina and Glen we can ensure our commitment to our clients to provide a sector-leading tailored liquidity solution is fulfilled,” Blackledge said. “Their combined knowledge and experience provide a new dimension to liquidity management, and we are confident with their proven track records we can continue our journey to becoming the liquidity solutions hub for all client types.”