FNG Exclusive… FNG has learned that leading online brokerage group MultiBank has hired Malcolm Baker as Head of Trading for its MultiBank.io regulated crypto derivatives trading unit.

Malcolm Baker, who is based in Dubai, joins MultiBank from UAE based regulated crypto Multilateral Trading Facility (MTF) M2, where he was Senior OTC Crypto Trader and Market Maker, overseeing critical operations including OTC crypto services, on-exchange liquidity, DeFi-CeFi token liquidity management, borrow/loan book, proprietary trading, and delta-one trading. He had also previously worked at OSTC, Bitpanda, Eqonex Group, and Inertially. From 2012-2015 Malcolm was Head of FX & Interest Rate Product Development APAC at CME Group in Singapore.

MultiBank.io is a regulated cryptocurrency exchange under MultiBank Group, offering a user-friendly platform for instant, secure trading including Bitcoin, Ethereum and more. With a VASP License from VARA for exchange and broker-dealer activities, MultiBank.io is set to accelerate its growth as a premier digital asset exchange, contributing significantly to Dubai’s burgeoning blockchain ecosystem. The company’s expansion strategy includes bolstering its team, elevating its service offerings, and forging strategic partnerships, all aimed at driving the advancement of the cryptocurrency industry in the region.

Malcolm posted the following note today on social media regarding his new role at Multibank.io.

🚀 Exciting News — I’ve joined MultiBank.io as Head of Trading, part of the wider Multibank Group.

Kicking off this new chapter, I’m proud to be part of the great team leading the rollout of our Crypto Derivatives suite.

We’re launching with 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