Welcome to the October issue of Focus, where the spotlight turns to financial literacy as World Investor Week approaches.
Many of our 18 articles this month explore education programs for children, students and seasoned investors. Exchanges showcase innovative ideas and games, experimental training programmes and the use of competitions, mobile phones and social media, as well as traditional teaching methods, as they seek to boost financial literacy, inclusivity and economic growth.
We lead on three pieces, by Nasdaq, the Singapore and Saudi exchanges. Nasdaq has an Eastern European theme as it gets ready to Ring the Bell to start World Investor Week, SGX focuses on sustainable finance literacy as the world grapples with the urgent issue of climate change and the Saudi Exchange lays out its plans to give people across the country the knowledge and skills they need to make informed financial decisions.
Pasquale Munafò reflects on four years as Chair of IOSCO’s Committee 8 on Retail Investors, and we take an in-depth look at financial literacy education programs in Egypt, Ghana, Indonesia, Kazakhstan, Nigeria, South Africa, Switzerland and Taiwan.
We also feature Cboe’s education efforts through The Options Institute, Exberry's analysis of Application Programming Interfaces, the T+1 transition by Exactpro, S&P's look at the "liquidity landscape," and Tanzania's rapid digital transformation.
World Investor Week 2024 runs from October 7-13. Members of stock exchanges around the world have been invited to Ring the Bell to mark the start of this year's event.
See you for more in November, when we will be looking at the exchange industry's initiatives to tackle climate change.
Nandini Sukumar
Chief Executive Officer
The WFE