The pan-European exchange in the Eurozone, Euronext, announced the rebranding of FastMatch, its Electronic Communication Network (ECN) for Foreign Exchange (FX) trading, into Euronext FX.
LeapRate reminds that FastMatch has been acquired by Euronext in 2017 after buying out ex-CEO Dmitri Galinov.
The FastMatch name will not disappear as it remains the brandname of the trading technology powering Euronext FX.
Several weeks ago, FastMatch has announced its Asia expansion, establishing a new matching engine in Singapore.
Kevin Wolf, CEO Euronext FX Source: LinkedIn
Kevin Wolf, CEO of Euronext FX, said:
This is an important milestone for our teams, which demonstrates Euronext’s commitment to further develop the FX franchise. Being part of Euronext has already helped Euronext FX grow its presence in Europe, access Euronext’s vast and diversified client base, both sell-side and buy-side, and benefit from Euronext’s reputation.
Under the stewardship of Euronext, we successfully launched and developed the Euronext FX Tape, an innovative centralized streaming service providing real-time trade data to market participants, and recently announced a new matching engine in Singapore to better serve our Asian customers.