The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Capital Markets

Magnus Böcker: Sweden’s merger master turns his talents to Asia

Magnus Böcker has had a string of successful securities exchange mergers. Now chief executive of the Singapore Exchange, he hopes to conclude a fruitful merger with the Australian Stock Exchange. Chris Wright reports.

IN EARLY 2003, Magnus Böcker was the deputy chief executive of Stockholm-based market technology provider OM Technology. Had you told him then that within five years he would be president of Nasdaq OMX, the largest exchange company in the world and the product of an eight-way consolidation spearheaded by him, he would probably have laughed. Had you suggested that he would then ditch that dream job to try to engineer an audacious merger between the stock exchanges of Sinegapore and Australia, that wouldn’t have made a lot of sense either. The journey from Stockholm to Singapore, where he is the exchange’s chief executive, is the story of surely the most influential single player in stock exchange consolidation worldwide. A cheerful, engaging Swede, Böcker doesn’t come across as a bull-headed dealmaker when Euromoney meets him on the 29th floor of the Singapore Exchange building on Shenton Way. But the SGX/ASX merger will be his 10th exchange combination, if it comes off.

It might just be the trickiest, too. At the time of writing, the ambitious bid to combine the two exchanges under a single holding company, and to bring European-style exchange consolidation to the Asia-Pacific region, is mired in a fierce political battle.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree