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Johannesburg SE Sacks DV Head For Trading
The Johannesburg Stock Exchange, the largest in Africa, has terminated Allan Thomson’s services as head of its equity derivatives.
TheJohannesburg Stock Exchange, the largest in Africa, has terminatedAllan Thomson’s services as head of its equity derivatives,金融时报》reports. He has been sacked from the exchange for breaching its rules, which forbid directors from trading on their account.
Graham Smalereplaces Thomson as head of the derivatives business on an interim basis while continuing as director of interest rate products. The developments come asRussell Loubser, the exchange’s CEO for the past 15 years, prepares to hand over responsibilities to deputy CEONicky Newton-King.
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