FastMatch ECN gets new name: Euronext FX
The rebranding of the ECN aims to tap into Euronext‘s reputation to attract larger clients
Euronext is rebranding its FastMatch electronic communication network (ECN) product as “Euronext FX”, aimed at bringing the European exchange operator‘s reputation to the platform and attracting larger clients.
In 2017, Euronext agreed a deal to buy 90% of FastMatch for an initial $153 million, marking its entry into the foreign exchange space. But the next stages were dogged by a dispute with FastMatch former chief executive Dmitri Galinov, who left a year after the deal and filed a lawsuit
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