WFE press release on financial crisis - Milan, 12 October 2008
In Milan at its regularly scheduled meeting, the Board of Directors of the World Federation of Exchanges addressed the global financial crisis and issued the following statement:
Exchanges have continued to function properly during this crisis, fulfilling their role as continuous, open markets for establishing and disseminating prices for exchange-traded instruments. The transparency of the prices in exchange-traded instruments makes this information available to all and is providing important liquidity to investors. The world’s exchange leaders strongly reaffirm the principle that equities and equity related exchanges remain open throughout this period.