FNG Exclusive… FNG has learned that crypto exchange Bit1 has hired Malcolm Baker, as Head of Liquidity Engineering.

Malcolm Baker joins Bit1 in Dubai from Retail FX and CFDs broker MultiBank, where he served as Head of Trading for MultiBank’s Crypto Derivatives & Liquidity unit, MultiBank.io. Prior to his time at MultiBank, Malcolm worked at UAE based regulated crypto Multilateral Trading Facility (MTF) M2, where he was Senior OTC Crypto Trader and Market Maker. From 2012-2015 Malcolm was Head of FX & Interest Rate Product Development APAC at CME Group in Singapore.

Bit1 is a professional cryptocurrency exchange, offering spot trading and perpetual futures.

Malcolm posted the following note on social media regarding his move to Bit1.

I am excited to announce my new role as Head of Liquidity at bit1.

In this position, I will lead liquidity strategy, develop our market-making systems, and scale execution across global venues.

It is set to be a significant year ahead, focusing on engineering smarter markets, enhancing infrastructure, and optimizing liquidity.

Onwards.