Paul Ainsworth has left Electronic Communications Network (ECN) ) Euronext after more than four years, according to market sources.
A replacement to take up his former role has not been named yet.
Ainsworth had moved to the firm from UBS Investment Bank, where he was an Executive Director in e-FX sales for almost seven years.
His career began as a Director in e-FX sales at Barclays Investment Bank in London and New York.
In 2017, Euronext announced that it had completed the acquisition of c.90% of one of the fastest growing ECNs in the spot FX market, FastMatch.
The news followed the announcement of 23 May 2017 on the signing of the agreement with FastMatch’s shareholders.
Ainsworth joined Fastmatch in his Global Head of Sales role in late 2015.
He reported to Dmitri Galinov, who was CEO at the firm at that time.
Galinov left FastMatch in 2018 and founded OTC ECN 24 Exchange shortly after.
The Bermuda-based firm addresses market challenges such as fragmented pools of Liquidity and increasingly costly access fees and data.
Euronext
Pan-European exchange Euronext covers Belgium, France, Ireland, The Netherlands, Norway, Portugal and the UK. With close to 1,500 listed issuers worth €4.5 trillion in market capitalisation as of end December 2019, Euronext has an unmatched blue chip franchise that includes 26 issuers in the Morningstar® Eurozone 50 Index℠ and a strong diverse domestic and international client base.
