The late Magnus Böcker was a long-time executive in the exchange and technology industry and former chief executive officer of the Singapore Exchange (SGX). He died from cancer in the United States in July of 2017 at the age of 55. 
Bocker served as a non-independent director on the SGX Board, where he served from 2009 to 2015. 
He was also a partner in Blibros Capital Partners, where he pursued his interest in growth companies.
In April 2016, Böcker was named chief strategy officer at Kouclo Group, a Chinese technology firm with platforms that include e-commerce, payments finance and communications.
Böcker was a leader in the financial industry for more than three decades. He spearheaded the creation of OMX, the Nordic exchange and technology group, and subsequently playing a key role in the merger of OMX and Nasdaq in 2008.
The OMX Years
Böcker, born in 1961 in Sköllersta, Sweden, was the former president of NASDAQ OMX and was CEO of OMX AB, the Scandinavian exchange operator and technology group, before it was acquired by Nasdaq and Borse Dubai. He joined OMX in 1986.
During his tenure with OMX, Böcker served in various capacities, including as CFO, COO and president of the OMX technology division, before replacing Per Larsson as CEO of OMX in 2003. Under his leadership, OMX became the world’s largest provider of technology solutions for exchanges and clearing organizations.
During Böcker's three-year tenure as CEO of OMX, OMX integrated seven national exchanges in Northern Europe into one. At the time of the merger with NASDAQ, the OMX Nordic Exchange offered trading in cash equities, fixed income and derivatives in Denmark, Finland, Sweden, Iceland, Estonia, Latvia and Lithuania with over 850 companies listed.
While CEO of OMX, the company moved from a loss to profitable, with both 2006 and 2007 revenues and operating profit the highest ever in company history.
Taking the Helm at SGX
Böcker was named CEO of SGX in 2009, succeeding the retiring Hsieh Fu Hua. As CEO, he oversaw the exchange's push into the rest of Asia with the development of Japan and China stock market-related futures contracts. But he was frustrated by regulators in his efforts to buy the Australian exchange ASX in 2011, which were blocked by the Australian government.
Under Bocker, derivatives trading volume rose to records, but overall trading volume was not up to expectations, as the exchange's equity business lagged. A petition was issued for his removal from the post in early 2015, although he officially served out his contract until June of 2015.   He was replaced by Loh Boon Chye in July 2015.
He was a member of the Shanghai International Financial Advisory Council, World Federation of Exchanges, council of the Institute of Banking and Finance in Singapore, Singapore Business Federation, advisory board of the Sim Kee Boon Institute for Financial Economics at Singapore Management University. Böcker has also been a member of The Mount Sinai Surgery Advisory Board in New York as well as in a number of public companies and private equity investments, including Orc Software and the Dustin Group.
Böcker studed business at the University of Stockholm.
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