Welcome to the April issue of WFE Focus.

In this month’s edition we feature four stories that highlight how broad, and how innovative, our industry is as we span capital raising, market microstructure, ESG and DLT.

Exchanges and CCPs sit at the centre of capital markets, uniquely positioned at the junction of the financial system, the political system and the real economy.

The Tel Aviv Stock Exchange Head of Sales and Markets Development Lior Navon tells us how TASE took on the challenge of bringing together its leading listed companies and UAE business leaders to begin building a financial br...

Welcome to the February’s Focus – an edition where we think a lot about IPOs, listings, leadership and the role of our industry in the years to come as the pandemic continues to make us all reflective.

To get us started, Saudi Tadawul Group’s CEO Khalid al Hussan, who recently led the organization through a successful IPO, explains the thinking, the action and how & why this has laid the foundations for an exciting future as the exchange walks the path it more normally supports companies through.

Across the globe, in Canada, the head of another big exchange, TMX CEO John McKenzie, talks about ...

Welcome to 2022 and our first edition of the year. In January we feature insights from exchange leaders around the world.

The leaders of exchanges in Australia, the Ivory Coast, Kazakhstan, Switzerland, Taiwan and the US talk to us about what lies ahead as the pandemic enters the next phase and our industry, at the heart of capital markets, looks to the future.

Read on for conversations on consolidation, ESG, digitalisation and the future of work with ICE’s Jeff Sprecher, ASX’s Dominic Stevens, BVRM’s Edoh Kossi Amenounve, KASE’s Alina Aldambergen, SIX’s Jos Dijsselhof and Taiwan Stock Exchang...

Welcome to the December issue of WFE Focus – what a year it’s been.

For the final issue of 2021, we feature insights from exchange leaders around the world, as they reflect on the unique and challenging patterns of another disrupted year. Despite the many difficulties, the crisis has spurred a wave of market and technological innovation, as well as a new spirit of workplace flexibility. Market infrastructures remain on a strong growth path as we move into 2022. The optimism and resilience that permeates our industry is rooted in the vision and the energy that these leaders embody.

We start in ...

As the world gathers in Glasgow for COP 26, our November issue looks at broader ESG initiatives at market infrastructures around the world. WFE members continue to work tirelessly to promote finance as a force for good and to seek markets-based solutions to many of the issues we are grappling with as a society.

This month, we hear how in Russia, the Moscow Exchange’s online education platform has helped thousands of new retail investors gain the confidence to begin their trading journeys. Maria Kharlashkina, Deputy Head of Strategy, MOEX, tells us more.

In Brazil, a new breed of investor requi...

Our October issue is devoted to investor protection, financial literacy, and financial inclusion: things WFE members do as naturally as breathing. It’s a subject that has even greater resonance as we consider the increased participation of retail investors in financial markets.

This month we hear from 14 of our members, starting with Edith Lee, CEO and Executive Director of the Taipei Exchange. Helping today’s investors gain experience and confidence is an essential part of building a modern society, she writes.

Ittai Ben-Zeev, Chief Executive Officer of Tel Aviv Stock Exchange, agrees, as he 

This month’s edition, September, marks the end of an important chapter for the WFE.

We say farewell to our widely respected, and much loved, Chairman of the past three years, Dr Urs Rüegsegger. He has been in a leadership position at the Board, first as Working Committee Chairman (2014-2016), Acting Chairman (2017), and finally as Chairman (2018-2021) for all the time I have been Chief Executive Officer.

He has been a leader, a mentor, a guide and a champion of the WFE in these years and before and his vision and energy have been influential in shaping the organisation we are today.

In his art...

Our August edition is indeed a special edition – it’s our sustainability special edition. In it, we explore a variety of the substantive and pioneering projects WFE members around the world are doing to make markets greener and more inclusive.

Ed Knight, Vice Chairman of Nasdaq, reflects on the challenges of the past 18 months and gives us all a framework for post-pandemic markets. As we slowly emerge from the greatest human and economic challenge of our lifetimes and learn exactly how the world will look different post-pandemic, we know one thing is true, just as it was 60 years ago; the impo...

We meet summer head-on with an edition that focuses on the vital things everyone in capital markets needs to consider as the world begins to emerge from the pandemic: the importance of good quality data, the necessity of thriving lit markets, the imperative of technological innovation that supports SMEs, and the role of exchanges in facilitating a green recovery and offering solutions for our climate crisis.

Markus Ferber, the distinguished MEP, reminds us all of how much there is still to be done in Europe. In a lucid and thought-provoking article, he shows us we need to think hard about whic...