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After successfully sorting out the mess and having his reputation enhanced, he was appointed the General Manager of Barings Futures subsidiary in Singapore (Risk Glossary, 2008). Originally as General Manager Leeson responsibilities wasn’t trading but he took an exam which allowed him to trade on the Singapore International Monetary Exchange (SIMEX) along with his fellow traders. This meant that Leeson had the responsibilities of a General Manager and with enough trading knowledge he had become the Chief trader and also with his experience of the back-office, he was in charge of back-office duties such as accounting for the transactions (Stock Market, 2008)...
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