SGX's Bocker to Leave CEO Post at End of June

This follows a series of IT glitches & a penny-stock crash.

magnus-bocker-sgx
Magnus Bocker became SGX's CEO over five years ago.

Bocker has been SGX's CEO since December 2009. Prior to that, Bocker, a Swedish national, was the president and CEO of Nasdaq OMX. He helped in the creation of OMX ─ the Nordic Exchanges Company ─ and played a key role in the merger of OMX and Nasdaq in 2008. At the time of the OMX and Nasdaq merger, "OMX was the world's largest provider of technology solutions for exchanges, clearing organizations and securities depositories," according to release.

SGX, through a statement, said that it is

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