WFE press release on 2009 priorities, Paris, 02 February 2009
The new officers and members of the Board of Directors of the World Federation of Exchanges (WFE) today announced priorities for 2009.
The Board of Directors approved three priorities for 2009:
- to help the International Organization of Securities Commissions (IOSCO) set best practices for short selling and securities lending.
- to clarify the use of circuit breakers in volatile markets, ensuring that they are predictable and temporary
- to study the effects of fragmentation and its impact on market quality.