EBS chief Peter Bartko to step down

Peter Bartko, the long-time chariman and CEO of electronic spot FX dealing system EBS, has decided to leave the company when his contract expires at the end of the year.

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EBS chief Peter Bartko to step down

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The EBS Board says it has begun the search for a new permanent chairman and chief executive. In the meantime, Jack Jeffery, currently the global head of FX options and regional senior, FX Europe, Citibank, will act as interim CEO.

In a statement, EBS says Bartko is quitting his post in order to "seek new challenges".

EBS was established in 1993 as a bank-backed rival to Reuters' electronic matching system, Dealing 2000-2. EBS now claims sixty per cent of the global interbank spot FX market.

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