LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Forex ECN FastMatch has announced that it has opened a sales office in Greenwich, CT.
The company stated that high-quality level of service is one of the differentiating features contributing to FastMatch’s growth and success. In order to maintain this level of service, it is important for FastMatch to be located near its major customers. The opening of the Greenwich, CT office in addition to FastMatch’s offices in New York, London and Moscow is an important step in expanding its touch points with major customers.
According to Dmitri Galinov, CEO of FastMatch,
The FX market has seen a significant rise in the use of electronic trading tools by the buy side. We are excited to be closer to our hedge fund clients and help them with their transition to new trading methods in FX.
FastMatch has operated as a Euronext company since August 2017. FastMatch’s three former owners, Global Brokerage Inc (NASDAQ:GLBR), Credit Suisse and BNY Mellon Corp, announced in late May that they are selling 90% of the company to Euronext NV (EPA:ENX) for $153 million. The transaction closed in mid August.