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NEW YORK, Feb. 14, 2019 /PRNewswire/ — FastMatch, Inc., a leading foreign exchange spot market operator, and Dmitri Galinov, a founder and former Chief Executive Officer of the company, today announced that they have amicably resolved the lawsuit filed by Mr. Galinov against FastMatch and its parent company, Euronext US. Under the terms of the settlement, neither party admits any liability or wrongdoing.
The settlement is in the best interests of the company, its employees and clients. FastMatch CEO, Kevin Wolf, who replaced Mr. Galinov, continues to focus on serving FastMatch’s international client base, and growing the business. Mr. Galinov left the company on 6 June, 2018 and is pursuing other interests.
FastMatch is an Electronic Communication Network for foreign exchange trading. FastMatch offers its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in the optimal location. Its award-winning technology gives FastMatch an important speed advantage and has the capability of handling thousands of clients simultaneously. Clients include retail brokers, institutions, banks, hedge funds, and proprietary trading firms.
About Dmitri Galinov
Prior to the founding of FastMatch in 2012, Mr. Galinov was a senior executive at Credit Suisse where he led Crossfinder, a pool for private trading. He also held positions at the New Jersey-based stock exchange, Direct Edge and the New York-based trading technology firm, Lava Trading.
Sard Verbinnen & Co:
Ellen Davis/Emily Claffey/Kelly Langmesser
+1 212 687 8080
+33 1 70 48 23 31
Pascal Brabant (Brussels)
+32 2 620 15 50
Euronext/FastMatch Analysts & Investors
+33 1 70 48 24 27
Eric C. Andrus
122 East 42nd Street
+1 212 333 0267