11/01/2012
ASX Group, whose primary and backup trading systems shut down on October 27, says its group executive for technology will depart, but not immediately.
Jeff Olsson will leave the ASX in July. He has worked at the company for 15 years.
“It was Jeff’s decision to leave,” says an ASX spokesman. Olsson’s departure “is unrelated to the trading outage” in October, the spokesman says.
Jeff Olsson, trading, trading platform, technology, derivatives, stocks, ASX
Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.
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