CEO Letter

Nandini Sukumar
CEO Letter

CEO Letter

Published: Sep 2026

Welcome to the September edition of Focus.

Our cover story is by Aigerim Kuanysh, Chief Associate in the International Cooperation and Sustainability Department at KASE. She tells the story of Kazakhstan’s Bond Market Guide and how it is making the country’s financial markets easier for investors to understand and access.

Technology is changing the way markets operate, but it only works when it is supported by strong infrastructure, sound governance and effective risk management.

Michael Winnike, Managing Director and Head of Strategy and Market Solutions at DTCC, writes about what must be in pla...

Nandini Sukumar
CEO Letter

CEO Letter

Published: Aug 2026

Welcome to the August edition of Focus.

This month, we continue to draw on the discussions from the WFE Sustainability Conference in Luxembourg, with contributions from several of our speakers on how markets are supporting the transition to a more sustainable economy.

Julie Becker, CEO of LuxSE, looks at the role of sustainable debt markets in financing the transition to net zero. Amarjeet Singh, Whole-time Member of the Securities and Exchange Board of India (SEBI) and a member of the International Ethics Standards Board for Accountants (IESBA), discusses how reporting, assurance and ethics sta...

Nandini Sukumar
CEO Letter

CEO Letter

Published: Jul 2026

Welcome to the July edition of Focus. 

This month, we're pleased to share a selection of articles that grew out of discussions at the recent WFE Sustainability Conference, hosted by the Luxembourg Stock Exchange. 

Our cover feature is by Helena Viñes Fiestas, Chair of the EU Platform on Sustainable Finance and Commissioner at the Spanish Financial Markets Authority (CNMV). She looks at why capital expenditure is the missing link in transition finance and argues that it deserves more attention than climate targets alone. 

Our Editor's Pick comes from Aobakwe Aupa Monyatsi, CEO of Botswana Stock Ex...

Nandini Sukumar
CEO Letter

CEO Letter

Published: May 2026

Welcome to the May edition of Focus. 

In this edition, alongside an article by Rana Usman, Chief Operations Officer of NSE Clearing Ltd., explaining the innovation behind this year’s runner-up WFEClear Innovation Award entry, we present a summary of the research papers featured at this year's WFEClear conference. These papers were selected by the conference’s Scientific Committee based on their originality, academic rigour and relevance.

Fernando Cerezetti, Chief Risk Officer, ClearToken CCP Limited, opens with a fundamental rethinking of portfolio risk measurement, introducing an expanded Value...

Nandini Sukumar
CEO Letter

CEO Letter

Published: Apr 2026

Welcome to the April edition of Focus.

In this edition, we hear from the Muscat Stock Exchange on its long-term vision for Oman’s capital market and the role exchanges can play in supporting economic transformation. We also feature insights from DTCC on the future of financial market efficiency, resilience and security, alongside expert contributions from Exactpro and pTools on trading platform resilience and the practical application of AI in market operations.

This edition also includes a round-up of the latest releases and developments from the WFE, including new research, policy work and ind...

Nandini Sukumar
CEO Letter

CEO Letter

Published: Mar 2026

Welcome to the WFE Women Leaders 2026 edition of Focus. As this important initiative continues to grow, we are proud to celebrate the talented women shaping the future of our industry.

This year’s International Women’s Day theme is “Give to Gain”. We received a remarkable number of nominations from inspirational women redefining leadership across emerging and developed markets. All nominees are exceptional leaders – motivational, insightful, diligent, adaptable, compassionate and driven by determination, resilience and grit.

To those recognised in this year’s list – congratulations! The Selectio...

Nandini Sukumar
CEO Letter

CEO Letter

Published: Feb 2026

Welcome to the February edition of Focus.

This month’s issue brings together perspectives from exchange and market infrastructure leaders on strategic progress, market evolution and the priorities shaping capital markets in the year ahead.

We open with Bjorn Sibbern, CEO of SIX, who reflects on a year of strategic progress and outlines the group’s priorities for 2026, as SIX works to build a more connected and interoperable European market.

From North America, Craig Donohue, CEO of Cboe Global Markets, discusses Cboe’s strategic realignment following his appointment in 2025, reflecting on a year ...

Nandini Sukumar
CEO Letter

CEO Letter

Published: Jan 2026

Welcome to the January edition of Focus.

As we begin the year, this issue brings together reflections from exchange and market infrastructure leaders on the milestones achieved over the past year and the priorities shaping capital markets in the period ahead.

We open with John McKenzie, CEO of TMX Group, who reflects on a year of record market capitalisation, continued post-trade modernisation, and sustained investment in resilient, future-ready capital markets. His contribution highlights how exchanges are balancing growth, innovation, and stability as market demands continue to evolve.

Turning ...

Nandini Sukumar
CEO Letter

CEO Letter

Published: Dec 2025
Welcome to the December edition of Focus.

In this final issue of 2025, we are pleased to feature President Recep Tayyip Erdoğan’s address to the 64th WFE General Assembly and Annual Meeting, hosted by Borsa Istanbul last month. We also spotlight the ambitious sustainability initiatives of some of our members, as part of the recent Ring the Bell for Climate campaign.

This month’s sustainability focus includes:

Dr. Rasha Dayyat, Director of the Planning and Institutional Development Department, Amman Stock Exchange, on Jordan’s pioneering climate-related disclosure framework and its alignment with ...
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