Dear Colleagues
Welcome to the May issue of Focus.
This month we turn over the magazine to the outstanding work our member exchanges and CCPs are doing in the fight against Covid-19, from extending a hand of support to members to helping local communities cope during the pandemic.
Last month we focused on some of the measures our members were taking to ensure resilient and robust markets during a time of volatility and from this we move naturally to the work our members are doing to support the real economy.
We are proud to feature contributions from seven members:
We thank our contributors, and each of our members and affiliates for the tireless work they are doing to keep markets open, and staff and stakeholders safe.
We are continuing to facilitate the exchange of Covid-19 business continuity best practice on our dedicated webpage, which brings together exchange and CCP efforts to keep operating resilient markets in the midst of the crisis. Please continue to send new initiatives and actions you are taking in regard to Covid-19, so we can keep the website updated. You can do this by sending your updates to [email protected]
In other contributions, the WFE Research team looks at underlying conditions that have facilitated the development of successful bond markets at some exchanges. We showcase three exchanges: the Tel-Aviv Stock Exchange, the Korea Exchange and BME, which are characterised by high volumes of trading activity in bonds. We present trends and statistics, to provide evidence that developing liquid secondary bond markets is possible, though at present it is more the exception than the norm.
Thank you for joining us for this month's issue. Stay safe and healthy.
Nandini Sukumar
Chief Executive Officer
The World Federation of Exchanges
Nandini Sukumar
Chief Executive Officer
The WFE