Bahrain Bourse Participates in the World Federation of Exchanges’ General Assembly and Annual Meeting

Wednesday, October 3, 2018
Bahrain Bourse participated in the World Federation of Exchanges’ (WFE) 58th General Assembly & Annual Meeting that was held from 2-4 October 2018. The event, hosted by Athens Stock Exchange (ATHEX), was attended by more than 300 delegates representing approximately 200 exchanges, Clearing, Settlement and Central Depositories, and International Securities Regulators.

The Chief Executive Officer of Bahrain Bourse, Shaikh Khalifa bin Ebrahim Al-Khalifa  said, “Bahrain Bourse’s participation in the WFE 58th General Assembly & Annual Meeting Conference goes a long way in solidifying Bahrain Bourse’s market positioning within the capital markets sector on a global landscape and ensures active collaboration with standard-setters, policy markets, and capital market regulators to achieve the long-term strategic objectives related to the capital markets development in the Kingdom of Bahrain”.

During the event, key themes discussed included: enhancing the efficiency of markets-based financing, the centrality of markets in ensuring accountability and transparency, the overarching contribution of markets to sustainable development, and the importance of market infrastructures in corporate governance.

The General Assembly & Annual Meeting Conference was concluded by election of Dr. Urs Rüegsegger, Chairman of SIX Swiss Exchange as Chairman of the WFE for a two years term.

It is worth to mention that Bahrain Bourse has attained full Membership in the WFE in October 2014 after meeting all the membership criteria of the WFE.

The World Federation of Exchanges, established in 1961, is a global industry association for exchanges and clearing houses headquartered in London, and representing over 200 active members. WFE exchanges are home to nearly 45,000 listed companies, and the market capitalization of these entities is over $82.5 trillion. The WFE works with standard-setters, policy makers, regulators and government organizations around the world 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, which is critical to enhancing investor and consumer confidence, and promoting economic growth.