OANDA lures PrimeXM’s Galin Georgiev to head product operations
FX brokerage firm OANDA has strengthened its operations with the appointment of Galin Georgiev as its newest head of product operations, effective immediately.
He leaves a relatively long tenure of more than three years at Swiss-founded technology company PrimeXM, where he served as chief operating officer since 2019. During his time, he was instrumental in developing PrimeXM’s flagship platform, XCore, which offers low latency order routing and pricing engine, giving the institutions the opportunity to connect to a wide range of liquidity providers.
Prior to that, a twelve year tenure at Saxo Bank took Mr. Georgiev’s career between 2007 and 2019. While there he worked his way up through several senior roles with the Danish FX bank, culminating with the position of a senior manager and business analyst.
Earlier in his career, Georgiev worked as head of trading at retail broker Varchev Finance for more than three years. After leaving Varchev in 2005, he then moved to Expressbank – a Bulgarian subsidiary of French banking giant Societe Generale.
After that, Georgiev moved to the Polish capital, Warsaw. There he worked as a full-time prop trader in the currency markets – a role he held for a year and a half before moving to Saxo Bank.
With an extensive background in foreign exchange markets, Galin will reportedly lead every aspect of OANDA’s product strategy, roadmap and development. He said he would build on the broker’s market-leading position by helping OANDA develop products that lower the entry barriers to online trading.
OANDA is a multi-regulated broker with offices in Toronto, Europe and the Asia Pacific region. The company operates an FX trading platform utilized by a mix of retail and institutional investors. Moreover, it provides currency information services to individuals, large corporations and portfolio managers.
Under Bambury’s leadership, the firm has undergone a transformative change in its operational configuration, widening its product offering and increasing its marketing investment in order to drive further growth.