Financial News, 7 Nov 2011
Singapore Mercantile Exchange, the commodity-focused derivatives trading platform, has suffered the fifth senior departure from its executive team in the space of six months.
Framroze Pochara, chief executive of SMX Clearing Corporation, which clears trades for the exchange, is understood to have left his position late last month. An official in SMX’s clearing department confirmed the departure. Pochara declined to comment. Full story