March 25, 2014
The World Federation of Exchanges (WFE) has formed a new sustainability working group at its Working Committee meeting in Mumbai last week. The new Sustainability Working Group is comprised of representatives from a diverse array of global stock exchanges with a mandate to build consensus on the purpose, practicality, and materiality of Environmental, Social, and Governance (ESG) data.
March 10, 2014
In 2013, the number of Exchange Traded Derivatives (ETD) worldwide increased by 3% to 22 billion contracts, according to statistics compiled by the World Federation of Exchanges (WFE).
The WFE, which annually conducts a survey on derivative markets, found that in 2013, 22 billion derivative contracts (12 billion futures and 10 billion options) were traded on exchanges worldwide – a 685 million increase above derivatives contracts traded in 2012. The complete WFE analysis of global derivatives markets will be available in May 2013.
January 28, 2014
The World Federation of Exchanges (WFE), now headquartered in London, announced today the publication of its annual survey of global markets. The WFE found that for the second consecutive year, the global market capitalization of WFE members has increased, rising 17.4% compared to the 2012 figure of 15.1%. The rise in global market capitalization had a significant effect on Asia Pacific, where trading volumes surged by 47% in local currency terms; however, the Americas and EAME were not as affected, increasing trading volume by only 1%.
January 21, 2014
The World Federation of Exchanges (WFE) announced today that the 2013 WFE Award for Excellence will be awarded to Professor Robert C. Merton, MIT Sloan School of Management, and Professor Myron Scholes, Stanford Graduate School of Business and the late Fischer Black, former Director of the Quantitative Strategies Group at Goldman Sachs, in recognition of their development of the groundbreaking Black-Scholes Model in 1973.