Euronext moves to buy Galinov’s shares

The exchange operator buys Galinov's 8% of equity in FastMatch for $0.001 per share

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Euronext pays $0.001 instead of more than $9 per share for Galinov's FastMatch stake

Euronext has moved to acquire former FastMatch chief executive Dmitri Galinov’s shares in the FX trading platform, for a fraction of the value that the approximately 8% equity is worth, by invoking a termination cause in the former head’s contract.

The purchase comes a day after Galinov’s decision to sue the exchange operator and his former employer, claiming he was fired as part of a “Machiavellian” scheme was widely reported in the media.

Galinov filed a lawsuit for wrongful termination on

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