THE WORLD FEDERATION OF EXCHANGES ADMITS SIX NEW MEMBERS

Hamilton, Bermuda: 3 October 2018— In a press release today The World Federation of Exchanges has today announced new members.The release stated:

Athens, Wednesday 3 October 2018 – At the 58^th General Assembly in Athens today, the World Federation of Exchanges ("WFE"), the global industry group for exchanges and CCPs, admitted six new members taking the total number of full members to 70, an historic high.  With six members joining since the last General Assembly in 2017, the WFE now represents more than 200 market infrastructure providers.

The new members are:

1.     London Stock Exchange Group: a diversified international market infrastructure and capital markets business operating a broad range of equity, bond and derivatives markets (approved as a full member at today’s 58^th WFE General Assembly).

2.     Boursa Kuwait: a private entity established to manage the Kuwait stock market (approved as a full member at today’s 58^th WFE General Assembly).

3.     Multi Commodity Exchange of India (MCX): a commodity derivatives exchange that facilitates online trading, and clearing and settlement of commodity derivatives transactions (approved as a full member at today’s 58^th WFE General Assembly).

4.     Tunis Stock Exchange: responsible formanaging the Tunisian transferrable securities market (approved as a full member at the WFE’s June 2018 Board meeting).

5.     China Securities Depository and Clearing Corporation (CSDC):a securities registration, clearing and settlement business (approved as a full member at the WFE’s January 2018 Board meeting).

6.     Nairobi Securities Exchange: an equity and debt securities provider (approved as a full member at the WFE’s January 2018 Board meeting).

Nandini Sukumar, CEO, WFE said: “Members are the lifeblood of any trade association, and our new members demonstrate the truly global breadth and multi-asset class depth of today’s WFE.  We are proud to represent such a diverse range of organisations, and with full members now standing at 70 - the greatest number in the federation’s 57-year history – our role as the voice of the global market infrastructure industry has never been more important.

“Moreover, with our ever-growing mandate and membership base, we look forward to championing the causes that matter to our members, focusing on business-critical topics including CCP-related capital issues, sustainability, emerging markets, market integrity, regulatory coherence, SMEs, cyber resilience and FinTech.”

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About the World Federation of Exchanges (WFE):

Established in 1961, the WFE is the global industry association for exchanges and clearing houses. Headquartered in London, it represents over 200 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Of our members, 36.8% are in Asia-Pacific, 42.6% in EMEA and 20.6% in the Americas.  WFE exchanges are home to nearly 45,000 listed companies, and the market capitalisation of these entities is over $82.5 trillion; around $81.8 trillion (EOB) in trading annually passes through the infrastructures WFE members safeguard (at end 2017).

The WFE is the definitive source for exchange-traded statistics, and publishes over 350 market data indicators.  Its free statistics database stretches back more than 40 years, and provides information and insight into developments on global exchanges. The WFE works with standard-setters, policy makers, regulators and government organisations around the world to support and promote the development of fair, transparent, stable and efficient markets. The WFE shares regulatory authorities’ goals of ensuring the safety and soundness of the global financial system.  

With extensive experience of developing and enforcing high standards of conduct, the WFE and its members support an orderly, secure, fair and transparent environment for investors; for companies that raise capital; and for all who deal with financial risk. We seek outcomes that maximise the common good, consumer confidence and economic growth. And we engage with policy makers and regulators in an open, collaborative way, reflecting the central, public role that exchanges and CCPs play in a globally integrated financial system.

For more information, please contact:

Anna Watson

Head of Communications, The World Federation of Exchanges 

Email:    awatson@world-exchanges.org

Phone:   +44 7850 287 685

Twitter:   @TheWFE