Bloomberg LP’s Sales Executive Paul Arnold Heads to FastMatch

Global FX spot market operator, FastMatch, has brought in another key sales veteran, this time appointing Paul Arnold as head of EMEA sales for the FX Electronic Communications Network (ECN) Electronic Communications Network (ECN) Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Read this Term).

Arnold joins FastMatch with immediate effect and will be based out of the group’s London office where he will strengthen its market footprint in Europe, Middle East, and Africa. The demand for the company's solutions within this region is at a premium given the need for compliant services in light of a shifting regulatory atmosphere.

FastMatch, which operates as a Euronext company since August 2017, has previously unveiled plans to augment its sales team throughout several jurisdictions. The hires will help expand its client reach, which currently encompasses a broad spectrum of the industry.

The hire of Paul represents a strategic addition to FastMatch, following his lengthy tenure in the financial services industry. Prior to joining FastMatch, he worked in multiple sales and trading roles at Bloomberg LP over the past nine years.

For nearly four years, he worked as FX derivatives specialist responsible for assisting Bloomberg users with sales inquiries and positioning its FX solutions to new and existing clients. Most recently, Paul served as head of multi-asset execution where he was in charge for the sales of Bloomberg's FX electronic platforms in the Emerging Markets.

According to his LinkedIn profile, Paul was one of the founding partners of the HiFX group, which was established in 1998 to provide FX Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and brokerage solutions to corporate and private clients.

Arnold joins FastMatch just a few weeks after Euronext acquired eight percent additional interest in the global FX ECN, which raises its overall stake to 97.3 percent.