OANDA lures PrimeXM’s Galin Georgiev to head product operations

abdelaziz Fathi

FX brokerage firm OANDA has strengthened its operations with the appointment of Galin Georgiev as its newest head of product operations, effective immediately.

Galin Georgiev

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.

  • Read this next

    Institutional FX

    SEC closer to approve 24X’s application for a pioneering 24/7 trading venue

    “Opening the first-ever exchange offering around-the-clock trading in U.S. equities is unprecedented and would create major new opportunities for broker-dealers and their institutional and retail customers around the world. 24 Exchange is excited at the potential for bringing these opportunities to the global market for U.S. equities.”


    Klarna eyes US IPO as valuation targets $20 billion

    Klarna Bank AB, a Swedish fintech and previously Europe’s most highly valued startup, is advancing with plans for a potential U.S. listing, which could become one of the most significant listings of the year.

    Digital Assets

    Shiba Inu Enhances Privacy & Security with New Encryption

    SHIB, the force behind the Shiba Inu cryptocurrency, today introduced Fully Homomorphic Encryption (FHE) into its platform, ensuring unmatched data protection for its users.

    Digital Assets

    Binance Broadens Its VIP Invitation Program for Traditional Asset Traders

    Step Into the Future of Trading: Binance Invites Traditional Asset Traders to Join Its Exclusive VIP Program

    Digital Assets

    Algotech Presale Revolutionizes DeFi Scene, Surpassing $1 Million Raised in Just Weeks

    Emerging Cryptocurrency trading platform Algotech (ALGT) known to be famous with its cutting-edge features. The TradFi platform features advanced algorithms to provide a competitive edge to traders. 


    Revolut enables direct transfers from Singapore to Bangladesh and Kenya

    British fintech firm Revolut has broadened its array of services with the introduction of the “Mobile Wallets” feature in Singapore, facilitating direct money transfers to Bangladesh and Kenya.

    Digital Assets

    SBF claims “zero loss” to FTX customers, 100-year sentence is “grotesque”

    Sam Bankman-Fried, the former FTX CEO who was found guilty of fraud charges last year, is facing his sentencing next month. But before that day arrives, he’s making a plea for what he considers a fair shake.

    Digital Assets

    Bitcoin nears $62,000, sparking retail buying frenzy

    Bitcoin dashed past the $61,000 barrier on Wednesday, a peak it hadn’t touched since the waning days of November 2021.

    Market News

    OPEC+ Extension of Oil Output Cut Causes Rally

    The dynamics surrounding crude oil are indeed fascinating, given its unique role as both a globally traded commodity and a vital energy source deeply influenced by the OPEC+ alliance’s decisions.