Dmitri Galinov, CEO of Fastmatch, has left the firm. Fastmatch was bought by exchange group Euronext one year ago.
Kevin Wolf, head of FICC for the US, has assumed responsibility for Fastmatch. Wolf will report to Paul Humphries, global head of FICC at the exchange group.
Wolf joined Euronext in August 2017 after a short spell as principal at Viable Markets, prior to which he spent six years at Eris Exchange, most latterly as chief business and product development officer. Before moving to the exchange group, Wolf spent four years at Bank of America in the global interest rate and currency origination team, he joined BAML from Lehman Brothers.
Galinov joined FastMatch when it was founded by FXCM and Credit Suisse, from where he was head of the Crossfinder dark pool. Prior to Credit Suisse, Galinov was director of strategy of Direct Edge.
In a statement a spokesperson for Fastmatch confirms Galinov’s departure, saying, “Kevin Wolf, U.S. Head of FICC for Euronext and a member of the FastMatch Board of Directors since it was acquired last year by Euronext, will assume the additional role of FastMatch CEO. He succeeds Dmitri Galinov who has left the Company. In the first year after Euronext acquired FastMatch and its leading technology platform and diverse client base, the company has identified multiple sources of growth. FastMatch is enjoying strong momentum and May 2018 was the most successful month in its history in terms of average daily volume. With its acquisition of FastMatch, Euronext has achieved its goal of extending its value proposition to a new asset class by expanding into the global FX market and remains deeply committed to FastMatch’s continued success and excited about the growth that lies ahead.”