JSE dismisses Director of Equity Derivatives Trading

November 9, 2011 at 9:57 AM EST
JOHANNESBURG, 8 NOVEMBER 2011. The Johannesburg Stock Exchange (JSE) wishes to announce that Allan Thomson, previously Director of Equity Derivatives Trading at the JSE, was dismissed from the JSE on Friday 4 November 2011. This followed an investigation into irregular share trading on his own account and, subsequently, a disciplinary process. Graham Smale becomes acting head (along with his existing position as Director of Interest Rate Products) until this position is filled. Day-to-day operational issues should be dealt with in the normal course of business.