World Federation of Exchanges

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World Federation of Exchanges
Founded 1961
Headquarters Paris
Products Trade association
Web site http://www.world-exchanges.org

The Paris-based World Federation of Exchanges (WFE) is one of the largest trade organizations in the financial-services industry, with 56 members from across the securities industry representing the vast majority of exchange-traded business.

The federation acts as a discussion and policy forum - focused at its annual general assembly - for issues including self regulation, enforcement, trading halts and securities business conduct.

Contents

History

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The WEF was founded in London in 1961 as the International Federation of Stock Exchanges, changing to its current name in 2001 to reflect the admission of derivatives platforms and clearinghouses. The Federation traces its roots to the International Bureau of Stock Exchange, created in the 1930s in an initiative spearheaded by the International Chamber of Commerce.[1]

Organization and Key Personnel

The WEF is governed by a 15-member board of directors; the chairman, vice-chairman and board are elected for two years at the general assembly.

Massimo Capuano, chairman (president and CEO, Borsa Italiana) William Brodsky, vice-chairman (chairman and CEO, CBOE) Paul Chow, chairman, working committee (CEO, Hong Kong Exchanges and Clearing Thomas Krantz, secretary general Peter Clifford, deputy secretary general

Membership

References

  1. ↑ Official History. WEF. Retrieved on December 12, 2007.

IMOA Derivatives Survey 2006. WFE. Retrieved on December 14, 2007.

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