The World Federation of Exchanges Launches New Educational Programme for Emerging & Developing Markets

By: The WFE Focus Team Oct 2025

The World Federation of Exchanges (WFE), the global industry group for exchanges and clearing houses, is delighted to announce the launch of its Emerging & Developing Markets Educational Programme (EDMEP) – a dedicated initiative aimed at strengthening capital market infrastructure and expertise in frontier, emerging and developing economies (EDMs).

Through this programme, the WFE is offering a suite of workshops designed to provide participants with both foundational and advanced knowledge of capital markets, focusing on the concepts and issues that underpin effective market infrastructure.

The workshops combine theoretical insights, real-world examples, and teaching by experts from WFE members and partners. The EDMEP’s teaching and discussions are tailored to address the unique challenges, structures, and opportunities of building market infrastructures in EDMs, combining theoretical foundations with actionable insights from leading experts.

Speakers in the first webinars include: Manuel Batista, VP Finance and Strategic Innovation at Latinex; Maria Fernanda Hermosilla, Senior Business Manager at Bolsa de Santiago; Bill Speth, Senior Adviser to the WFE; Sally Kwok, Co-Head of Trading and Managing Director at HKEX; Dr Guzhan Gulay, Executive Vice President at Borsa İstanbul; and Tracey Stern, Chief Legal Officer, General Counsel & Corporate Secretary at the Canadian Securities Exchange (CSE). The first webinar took place on 30 September 2025.

As part of the WFE’s broader mission to advance financial market development globally, this programme expands its portfolio of educational courses, with the Market Infrastructure Certificate now in its third year.

Target Audience

Anyone interested in market infrastructures, including practitioners, regulators, buy-side and sell-side professionals, government institutions and academics, particularly those working in, or interested in learning about, markets in transformation or expansion phases.

The programme is open to all interested participants, with a discount for WFE members. A limited number of complimentary passes are also available for WFE members.

Nandini Sukumar, CEO of the WFE, said:
“Reflecting our commitment to knowledge-sharing, capacity-building and inclusive growth in financial markets, we’re excited to offer a globally accessible platform that brings together theory and practice for those working to build robust capital markets in emerging and developing regions.”

To find out more, and to sign up, visit: www.world-exchanges.org.

For more information, please contact
[email protected]


About the World Federation of Exchanges (WFE)

Established in 1961, the WFE is the global industry association for exchanges and clearing houses. Headquartered in London, it represents over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Of its members, 37% are in Asia-Pacific, 43% in EMEA and 20% in the Americas.

The WFE’s 87 member CCPs and clearing services collectively ensure that risk takers post around $1.1 trillion (equivalent) of resources to back their positions, in the form of initial margin and default fund requirements. WFE exchanges, together with other exchanges feeding into its database, are home to over 49,054 listed companies, with a combined market capitalisation of $116.58 trillion. Around $155 trillion (EOB) in trading annually passes through WFE members (as of end-2024).

The WFE is the definitive source for exchange-traded statistics and publishes over 350 market data indicators. Its free statistics database stretches back more than 40 years and provides information and insight into developments on global exchanges. The WFE works with standard-setters, policymakers, regulators and government organisations worldwide to support and promote the development of fair, transparent, stable and efficient markets. The WFE shares regulatory authorities’ goals of ensuring the safety and soundness of the global financial system.

With extensive experience of developing and enforcing high standards of conduct, the WFE and its members support an orderly, secure, fair and transparent environment for investors, for companies raising capital, and for all who deal with financial risk. We seek outcomes that maximise the common good, consumer confidence and economic growth. We also engage with policymakers and regulators in an open, collaborative way, reflecting the central, public role that exchanges and CCPs play in a globally integrated financial system.

Website: www.world-exchanges.org
X: @TheWFE