General Counsel Steven Kruger to leave Leverate – LeapRate Exclusive


LeapRate has today learned that Steven Kruger, the firm’s General Counsel, is set to leave Leverate at the end of this week.

Mr. Kruger, a commercial lawyer, joined Leverate in April 2014 as General Counsel after having spent three years at law firm Barnea & Co where he was responsible for corporate legal matters including inter alia of share purchase agreements, shareholders agreements, licensing agreements, non-discloser agreements, affiliate agreements, distributor agreements and agency agreements.

Mr. Kruger specialized in compliance aspects relating to internet gaming and online options trading including: drafting online terms and conditions, white label agreements, gambling license applications and data storage agreements, as well as advising on matters relating to the regulatory and licensing issues for online gaming companies and CFD online trading companies.

As far as the depth of his career in the legal profession is concerned, Mr. Kruger held a five year tenure as an Advocate of the High Court in Johannesburg, South Africa between 2000 and 2005. A barrister, he served, among other duties, as legal adviser on a variety of issues for listed South African companies. As an Advocate of the High Court, Mr. Kruger made several appearances at both the High Court and Magistrates court in litigation cases relating to commercial, property, contractual and intellectual property, as well as sat on arbitration forums.

Mr. Kruger followed on from that by serving as Legal Advisor for an FX firm in Israel before moving to Barnea & Co, in his penultimate position.

Leaving Leverate was Mr. Kruger’s own decision, having been headhunted.

Today, Mr. Kruger spoke to LeapRate to explain that he will be heading the legal department at a binary options firm: “It is a very exciting opportunity as the company is currently obtaining licenses to enter the US Market, which is a jurisdiction which only permits on-exchange binary options trading via two dedicated binary options exchanges, which are NADEX and Cantor Exchange.”

“The particular firm that I am joining is a binary options brand, and is currently rapidly growing. The founders of the firm have a vast amount of experience in this sector, and I view it as a dynamic, exciting new company, as well as a good opportunity and the work is exciting, which is important” concluded Mr. Kruger.

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General Counsel Steven Kruger to leave Leverate - LeapRate Exclusive

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