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Global consolidated tape for FX spot market to improve transparency for investors

New York, 21 November 2017 – FastMatch, Inc., the fastest growing FX spot market operator, which has operated as a Euronext company since August 2017, announced today that individuals may now purchase FX Tape data from its website at a cost of €40 a month, using their credit cards.

FX Tape is a new and innovative market data product that improves post-trade transparency in FX markets and allows market participants to monetize their trading data. FX Tape will also serve as a central reference point for spot FX transacted prices, helping individuals and companies to benchmark their FX rates. Typically such trading data costs thousands of euros a month and requires special programming in order to receive it, so the average consumer cannot access the data.

FastMatch is now making this data available at low cost at https://tape.fastmatch.com.

FastMatch is bringing transparency in spot FX to anyone with a credit card”, said Dmitri Galinov, CEO of FastMatch, Inc. “Now, for a small monthly fee, individuals and companies can view the latest FX rates transacted on interbank markets. This information empowers them to demand better FX rates from vendors.

The FX Tape is open to all contributors under an open access model with a percentage of the net revenue generated by FX Tape shared with contributors, according to the volume contributed.

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New York, 2 November 2017 – FastMatch, Inc., the fastest growing FX spot market operator, which has operated as a Euronext company since August 2017, announced today that it has opened a sales office in Greenwich, CT.

High-quality level of service is one of the differentiating features contributing to FastMatch’s growth and success. In order to maintain this level of service, it is important for FastMatch to be located near its major customers. The opening of the Greenwich, CT office in addition to FastMatch’s offices in New York, London and Moscow is an important step in expanding its touch points with major customers.

The FX market has seen a significant rise in the use of electronic trading tools by the buy side”, said Dmitri Galinov, CEO of FastMatch. “We are excited to be closer to our hedge fund clients and help them with their transition to new trading methods in FX.”

About FastMatch
FastMatch is a new Electronic Communication Network for foreign exchange trading. FastMatch strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in the optimal location. Its award-winning technology gives FastMatch an important speed advantage and has the capability of handling thousands of clients simultaneously. Clients include retail brokers, institutions, banks, hedge funds, and proprietary trading firms. FastMatch is a company of Euronext, the leading pan-European exchange in the Eurozone.

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Global consolidated tape for FX spot market to improve transparency for investors

New York, 25 September 2017 – FastMatch, Inc., the fastest growing FX spot market operator, which operates as a Euronext company since August 2017, announced today the launch of FX Tape. This new and innovative market data product will improve post-trade transparency in FX markets and allow market participants to monetize their trading data. FX Tape will also serve as a central reference point for Spot FX transacted prices helping market participants evaluate best execution performance.

“FX Tape is a significant stepping stone to building a more transparent market globally while providing a way for market participants to monetize their trade data”, said Dmitri Galinov, CEO of FastMatch, Inc. “This product is the culmination of three years of dedicated effort.”

FX Tape will publish real-time post-trade information collected from market participants in aggregated and delayed fashion to minimize market impact. This product will be available for distribution to thousands of market participants and vendors across the world via FastMatch’s and Euronext’s distribution networks.

The FX Tape will be open to all contributors under an open access model with a percentage of the net revenue generated by FX Tape shared with contributors, according to the volume contributed.

About FastMatch
FastMatch is a new Electronic Communication Network for foreign exchange trading. FastMatch strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in the optimal location. Its award winning technology gives FastMatch an important speed advantage and has the capability of handling thousands of clients simultaneously. Clients include retail brokers, institutions, banks, hedge funds, and proprietary trading firms. FastMatch is a company of Euronext, the leading pan-European exchange in the Eurozone.

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Amsterdam, Brussels, Lisbon, London and Paris – 14 August 2017 – Euronext today announces it has completed the acquisition of c.90% of FastMatch, the fastest growing Electronic Communication Network (“ECN”) in the spot foreign exchange market, after having received regulatory and anti-trust approvals. This follows the announcement of 23 May 2017 on the signing of the agreement with the existing shareholders of FastMatch.

Consistent with Euronext’s “Agility for Growth” strategy, this transaction diversifies Euronext’s top line, accelerates its growth profile and allows the group to extend its “best execution” value proposition to an additional asset class.

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euronext.com

23 May 2017

We are very proud to announce that FastMatch is set to become part of Euronext. We have had an exciting 5 years of growth to become the fastest growing FX spot ECN. We look forward to continuing this growth by combining our leading-edge technology and entrepreneurial spirit with Euronext’s scale, strength and credibility.

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February 07, 2017 12:15 ET | Source: FastMatch NEW YORK, Feb. 07, 2017 (GLOBE NEWSWIRE) -- FastMatch, Inc., a financial technology company focusing on foreign exchange trading, announced today that Brian Friedman, President, and Jimmy Hallac,...

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And Finally...

30 Dec 2016

And so, after a long and tortuous journey through December – at a time when the dollar has risen something like 5\% in just a couple of weeks (and a lot of traders missed the move because they pulled stumps until January) – we come to the final...

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