Nairobi Securities Exchange (NSE) has a member of admitted as a member of the World Federation of Exchanges (WFE), the global industry group for exchanges and central counterparties (CCPs).
Also admitted as members during the 58th General Assembly in Athens were London Stock Exchange Group, Boursa Kuwait, Multi Commodity Exchange of India, Tunis Stock Exchange and the China Securities Depository and Clearing Corporation, taking the total number of full members to 70, an historic high.
The Kenyan bourse was approved as a full member at the WFE’s January 2018 Board meeting.
With six members joining since the last General Assembly in 2017, the WFE now represents more than 200 market infrastructure providers.
Nandini Sukumar, CEO, WFE said: “Members are the lifeblood of any trade association, and our new members demonstrate the truly global breadth and multi-asset class depth of today’s WFE. We are proud to represent such a diverse range of organisations, and with full members now standing at 70 – the greatest number in the federation’s 57-year history – our role as the voice of the global market infrastructure industry has never been more important.”
“Moreover, with our ever-growing mandate and membership base, we look forward to championing the causes that matter to our members, focusing on business-critical topics including CCP-related capital issues, sustainability, emerging markets, market integrity, regulatory coherence, SMEs, cyber resilience and FinTech.”
