Solid Hires FX Veteran Darren Barker as Business Development Head

Netherlands-headquartered Solid, an ultra-low latency multi-bank ECN provider, announced on Tuesday the appointment of Darren Barker as the company’s new Head of Business Development.

“I’m delighted to be joining one of the leaders in the field of institutional trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term technology and Tier1 Liquidity,” Barker said. “I’m looking forward to contributing to the firm’s ongoing success and helping build on an already very talented team.”

In addition, he revealed the company’s plans to expand the business into new jurisdictions that will help it become a prominent name in the institutional space.

Earlier this year, Solid partnered with BidX Markets, a UK-based multi-asset liquidity and technology solutions provider, to enhance institutional offerings.

An Industry Expert

The appointment of Barker came as a strategic move, as he brings three decades of experience to the company. He joined Solid from an educational products company, but he has solid industry experience with a wide range of roles including risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, market-making and client relationship management.

He has worked with several big financial services brands, including Sucden Financial, Jefferies, UniCredit, JPMorgan, RBS International, UBS and a few others.

“Solid has seen significant growth in recent years, especially in the institutional trading space,” said Diego Baptista, a Director at Solid. “Darren Barker has joined us to take our institutional sales focus to the next level and assist us with our expansion plans.”

“At Solid, people are our most important asset, and our number one focus is building a strong support team to ensure our clients receive the best trading conditions and assistance available in today’s market. Barker’s experience will be invaluable as we embark on this mission, especially when it comes to serving our traders and investors with customized requirements.”