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Screenshot of a breaking news alert e-mail from Q2 2017
LeapRate Exclusive… LeapRate has learned that leading binary options platform provider SpotOption has hired former RADCOM Ltd. NASDAQ:RDCM) Chief Executive David Ripstein as its new CEO.
SpotOption founder Pini Peter will relinquish the CEO role to Mr. Ripstein, but remains with SpotOption as Executive Chairman. Ran Amiran, formerly Mr. Peter’s #2, remains at SpotOption as President.
David Ripstein joins SpotOption after acting as CEO of publicly traded RADCOM for the past eight years. RADCOM, traded on Nasdaq with a market cap of more than $200 million, provides service assurance and customer experience management solutions for communication service providers (CSPs). Its clients include Tier-1 mobile and landline phone companies.
SpotOption Chairman Pini Peter told LeapRate about David Ripstein’s hire:
We’re very pleased to add someone of David’s capabilities to the SpotOption team. David has experience running a major global company serving very demanding clients. We are excited to have him lead SpotOption in the next phase of our growth.
SpotOption is the leading provider of derivative platforms to those looking to run an online brokerage. The company recently introduced a new CFD platform and MT4 binary options plug-in. SpotOption also offers licensed binary options market making through partner company SpotOption Exchange, regulated by CySEC.