Ran private investment firm Blibros; former head of the Singapore Exchange and NASDAQ
Magnus Bocker, who led the Singapore Exchange (SGX) after the global financial crisis, has died from cancer in the United States, The industry veteran led mergers of Nasdaq, OMX, then helmed post-financial crisis SGX. Mr Bocker, who ran private investment firm Blibros following his departure from the exchange, passed away in St Louis, Missouri in the United States. Mr Bocker, who was born in Sweden, made his name on the global stage as a savvy dealmaker who helped to create the Nordic exchange group OMX, then led its eventual merger with Nasdaq. After a short stint as president of Nasdaq, Mr Bocker was lured to Singapore in 2009 to take over SGX. Mr Bocker in 2015 chose not to seek a renewal of his contract. That decision came as SGX was under fire for a number of serious trading outages. A charismatic man with a quick wit, Mr Bocker made Singapore his home following his SGX appointment. Even after leaving the exchange, he continued to live in Singapore, where he ran his family’s investment office.
