Robert Malin Joins FastMatch as Director of Sales for Europe

Online foreign exchange electronic communications network (ECN) FastMatch has announced that Robert Malin will be joining the company as Director of Sales for the European region. Based in London, Mr Malin will take his new position at the company on the 15th of March.

The new European Director of Sales at FastMatch will join the company from Australia and New Zealand Banking Group, where he helped shape the eFX product of the financial institution for the Europe, Middle East and Africa (EMEA) region. Mr Malin is a veteran in the industry after working in electronic FX sales for almost 10 years.

Before joining Australia and New Zealand Banking Group, Robert spent a number of years at two leading banks in the foreign exchange industry - UBS and Barclays.

The new hire is announced just a couple of weeks after FastMatch unveiled a mandatory symmetric last look practice for all Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers connected to the ECN. At the time, the CEO of the company, Dmitri Galinov, stated to Finance Magnates: “As an industry, institutional FX needs to eliminate asymmetrical last look in order to provide fair markets to clients.”

By bolstering its product offering and providing new opportunities to clients, FastMatch is opening the door to a new sort of best practice, whereby clients could receive better trading conditions. While some Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term could initially pull away from the venue, industry insiders have hailed the move by the company to introduce this additional layer of transparency to clients.

Rob Malin will be reporting directly to the Global Head of Sales of FastMatch, Paul Ainsworth.