FlatexDEGIRO falls after chairman steps down
BUZZ-FlatexDEGIRO falls after chairman steps down ** Shares in German online broker flatexDEGIRO FTKn.DE fall 7.5% after the German online broker said chairman Hans-Hermann Lotter resigned as chairman of the supervisory board with immediate effect
** Lotter will step down from the supervisory board by Oct. 10 at the latest, while board member Martina Pfeifer will also leave on the same day
** FlatexDEGIRO said Stefan Mueller was elected interim chairman, with the company immediately starting the search for qualified candidates to join the board
** Up to the previous session's close, shares had fallen 6.8% YTD
** Shares on track for their worst day since April
(Reporting by Basile Day)
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