Market Closed:


Hamilton, Bermuda: June 8, 2018— The World Federation of Exchanges is today co-hosting a symposium on the future of global capital markets.  The release stated:





Shanghai, Friday 8 June 2018 - The World Federation of Exchanges ("WFE"), the global industry group for exchanges and CCPs, is today co-hosting a symposium with the Shanghai Stock Exchange (SSE) on the future of global capital markets.


Held in Shanghai, the event brings together WFE members and industry stakeholders to focus on three key themes: building Shanghai as a successful financial centre of the future; the role of FinTech; and sustainable finance. Speakers will discuss the role of exchanges, CCPs and financial institutions in the growth and development of capital markets, and how technology - particularly the influence of applications such as artificial intelligence, blockchain, and the cloud - is transforming the industry. The role of market participants in bridging the gap between capital markets and investors in creating a sustainable economic system will also be discussed.


Keynote speakers for the event include: Yan Qingmin, Vice Chairman, China Securities Regulatory Commission (CSRC); Huang Hongyuan, Chairman, SSE; and Wu Qing, Non-Executive Chairman of SSE, WFE Chairman and Vice Mayor of Shanghai.

Other speakers include: Li Jun, Deputy Director General, Shanghai Municipal Financial Services Office; Li Wen, Chairman, China Universal Asset Management; Tang Zhenyi, Chairman, CLSA; Li Yimei, CEO, China Asset Management; Chen Long, Vice President, Ant Financial; Eugene Qian, President, UBS Securities; and Guo Peiyuan, Chairman, Syntao Green Finance, China Advisor, UNEP FI. 


WFE members taking part in the event include: Urs Ruegsegger, Chairman, SIX Swiss Exchange; Gilson Finkelsztain, CEO, B3; Sandy Frucher, Vice Chairman, Nasdaq; Greg Wojciechowski, President & CEO, Bermuda Stock Exchange; Sunil Cutinho, President, CME Clearing; Nicky Newton-King, CEO, Johannesburg Stock Exchange; Robert Scharfe, CEO, Luxembourg Stock Exchange; and Sunil Benimadhu, Chief Executive, Stock Exchange of Mauritius.

Nandini Sukumar, CEO, WFE
said: “The WFE is committed to developing better markets for the investors and the infrastructures of the future. We are delighted to be in China, where we work hand-in-hand with our seven members, both exchanges and CCPs, to support and enable the most effective market infrastructure. The Shanghai Stock Exchange is chair of the WFE and we are very pleased to be here with them today.’’


Wu Qing, Non-Executive Chairman of SSE, WFE Chairman and Vice Mayor of Shanghai said: “It is the WFE’s mission to promote cooperation among global capital markets, as well as to boost the development of the global exchange industry and economic growth. In recent years, China has witnessed significant achievements in the opening-up of the Chinese capital market and the construction of Shanghai International Financial Centre. In the future, Shanghai will prioritise the development of new financial products, business innovation, and Fintech, while enhancing the internationalisation of the Chinese capital market. Shanghai will continue to contribute to the prosperity of global capital markets.”


The symposium comes a day after the WFE Board, consisting of 18 Chairmen and CEOs of exchanges across the world, held their mid-year meeting in Shanghai, chaired by Wu Qing.


The WFE has published a number of reports, white papers and standards on the themes under discussion including: a research report into FinTech in capital markets along with a regulatory FinTech whitepaper; an Environmental, Social and Governance (ESG) survey of its members; reports focused on market integrity, how to enhance liquidity in Emerging Markets, and equity market financing of SMEs; and also ESG guidance and metrics.


- Ends -


About the World Federation of Exchanges (The 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 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, which is critical to enhancing investor and consumer confidence, and promoting economic growth.


For more information, please contact:


Anna Watson

Head of Communications, The World Federation of Exchanges 


Phone:                   +44 20 7151 4137 / +44 7850 287 685

Twitter:                   @TheWFE

LinkedIn:               The World Federation of Exchanges


08:30-09:00 Price Discovery
09:00-16:30 Continuous Trading


TEL: +1 (441) 292 7212
FAX: +1 (441) 292 7619


30 Victoria Street
3rd Floor
Hamilton, Bermuda


P.O. Box HM 1369
Hamilton HMFX



The information contained in these pages has been obtained from sources which The Bermuda Stock Exchange believes are reliable. However, the accuracy of the information cannot and is not guaranteed and The Bermuda Stock Exchange makes no representation as to its accuracy or completeness. Neither this Web site, nor any information contained herein, constitutes advice or a solicitation to subscribe, purchase or sell any securities. The Bermuda Stock Exchange expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon any part of the contents of this site or any external sites referenced from this website.