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SGX appoints new head of operations,

Singapore Exchange (SGX) has appointed Benjamin Foo as head of operations. Foo will be responsible for the trading, clearing and settlement operations of the securities and derivatives markets, as well as the securities depository function. He is currently head of AsiaClear and clearing and commodities at SGX and he will be replaced by Elena Sng. The appointment takes effect from March 1, 2009.

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