Trading

Electronic trading pioneer to launch FX derivatives exchange

Dmitri Galinov is planning his comeback after leaving Euronext last year

Electronic trading pioneer to launch FX derivatives exchange
Photo: Getty Images

One of Wall Street’s electronic trading pioneers will launch a new currency derivatives exchange before the middle of next month, and has recruited two industry heavyweights to jointly manage the business.

Dmitri Galinov, who founded FastMatch, a trading venue that notched up average daily spot foreign exchange volumes of $20bn in 2018, told Financial News he plans to unveil 24 Exchange by the end of August.

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