About WFE

The World Federation of Exchanges

We are the trade association of 64 publicly regulated stock, futures and options exchanges. Our market operators are responsible for the functioning of key components in the financial world. 


The World Federation of Exchanges’ (WFE) annual survey of global markets found that while the global market capitalization increased 15.1% in 2012 , the volume of all products traded on WFE member exchanges fell significantly.  According to worldwide statistics compiled by the WFE, the value of Electronic Order Book (EOB) share trading 

According to the WFE figures, which are gathered from WFE member exchanges, the number of listed companies remained stable in 2012, while both ETFs and securities derivatives increased their listings. 


How to become a member?

To be a member, exchanges must adhere to the WFE Membership Criteria. Candidates are selected following a peer review. 

Membership in WFE is considered by some governments and national associations of asset managers as a criteria for preferential investment policy and taxation for these markets.

There are 2 Associates, 13 WFE Affiliates with separate professional relations, and 24 exchanges which are WFE Correspondents.