XTB’s CEO Jakub Maly Parts Ways With Group

[kreslik.news]

X-Trade Brokers (WSE:XTB), a foreign exchange (FX) brokerage and recently listed addition on the Warsaw Stock Exchange, has dismissed longtime executive and Chief Executive Officer, Jakub Maly who will be parting ways with the group, per a regulatory filing.

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The decision to supplant Mr. Maly came on the heels of a lackluster aftermath of XTB’s IPO as well as shifting trends in the Polish regulatory regime, with regards to FX. Since debuting in May 2016, XTB’s share prices and financials have also been lower, ... (read more)