LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
The management turnover at forex broker platform and technology provider Leverate is continuing, with the latest senior executive to depart being Ben Richter.
Ben Richter had been with Leverate since January 2016, joining as Head of Institutional Sales before being promoted last year to Head of Global Sales. He had joined Leverate after spending eight years at FXCM in a variety of senior sales related roles.
EuropeFX is a Limassol, Cyprus based Retail FX broker running MT4, which acts as the operating brand of CySEC licensed Maxiflex Global Investments Corp Ltd. EuropeFX is run by another FXCM alum, CEO Yossi Gafni.
Ben Richter’s new title at EuropeFX is Head of EuropeFX AU, which seems to mean that the broker will increase its focus on Australia and the Far East.
The move follows our exclusive coverage of the recent departure of Leverate’s Cyprus office head Costas Michael, who joined Retail FX broker XTB.
As mentioned, Leverate has undergone a fairly extensive overhaul in its senior management team both at headquarters in Israel and in Cyprus over the past year. The company brought in a new group CEO last summer, former Playtech executive Yasha Polyakov. And as was also exclusively reported by LeapRate in March, the company brought on board a new Head of Marketing, former Wix.com executive Yaara Rozenblat.