FastMatch Strengthens European Sales Team With Two Exec Hires

FastMatch, an FX Electronic Communication Network (ECN), has appointed David Jones and Mark O’Neill as its newest Directors of Sales for Europe, which is slated for immediate effect, according to a FastMatch statement.

In his new role as the Director of Sales – Europe at FastMatch, Mr. Jones will focus on the sales of the group’s ECN, ManageMatch aggregator, AgencyFX Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term suite. He will be primarily dealing with hedge funds, asset managers, brokers, and a number of proprietary trading firms, among other entities.

Mr. Jones joins FastMatch from EBS, part of a lengthy career spanning nearly three decades in the foreign exchange (FX) realm. Nearly half of this time was spent at EBS, where he worked principally as a Global Account Manager and eFX Business Manager. Prior to EBS Mr. Jones also garnered experience as an FX Trader at Barclays, Bank of America and Nationsbank in such financial hubs as London and Chicago.

Alternatively, FastMatch has also named Mark O’Neill to the role of Director of Sales – Europe with immediate effect. Like Mr. Jones, O’Neill joins FastMatch with an extensive FX resume, including time at FIXI plc, QuantumFX, and a number of brokerages, having held a number of senior level roles.

Both Mr. Jones and O’Neill will be reporting directly to Dmitri Galinov, CEO of FastMatch. According to Mr. Galinov in a recent statement on the twin appointments, “As FastMatch ECN separates its operations from FXCM and moving to bilateral trading mode, we are lucky to have such seasoned staff on board to build a high quality operation.”

Back in April, FastMatch also hired Thomas Koslowske as its Director of Sales – Americas, along with John Bogue as its Head of Operations.

FastMatch is an ECN for trading FX and other asset classes. Its technology is prevalent in other equities operations such as the Credit Suisse Crossfinder’s matching engine and others. The group deals with retail brokers, institutions, banks and other trading venues.