The London Times reported on Tuesday that Martin Belsham, the former director of Blue Square Ltd., is set to rejoin City Index as chief executive.
According to The Times, Mr. Belsham previously held the same post at the spread betting company owned by British billionaire Michael A. Spencer for four years from 1998 to 2002.
Last October, Mr. Belsham, who founded Blue Square in 1999, left Rank Group amid declining growth in its online betting and gaming division.