Euronext moves to buy Galinov’s shares
The exchange operator buys Galinov's 8% of equity in FastMatch for $0.001 per share
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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