The TigerWit Group has announced that following the acquisition of Mercor Index it has changed the business name to TigerWit Limited and appointed Tim Hughes as Chief Executive Officer (CEO), with Mercor founder Simon Denham becoming Chief Risk Officer (CRO). The move brings together two former competitors, with Tim Hughes having been a longtime senior…
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Continuing its international expansion and clear plans to grow in Europe, China based Retail FX brokerage group TigerWit has announced that it has acquired Mercor Index, the UK based and FCA regulated broker set up by longtime London Capital Group Holdings plc (LON:LCG) CEO Simon Denham. Mr. Denham set up Mercor Index in 2015 after Charles-Henri…
Read moreThrough filings made with the London Stock Exchange, LeapRate has learned that former London Capital Group (LON:LCG) CEO Simon Denham has sold most of his remaining stake in the company. Earlier this week Mr. Denham sold exactly 4 million LCG shares for about £1.36 million ($2.1 million), leaving him with just under 2.4 million remaining…
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