World Federation of Exchanges Publishes 2013 Global Market Highlights
World Federation of Exchanges officially headquartered in London
At the WFE General Assembly in Mexico City, the WFE delegates have made a landmark decision to approve moving the WFE’s headquarters from Paris to London. The move to London will be envisaged by the end of 2013.
(Paris, September 23, 2013) - 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.
Share trading value increases 23% while exchange-traded derivative volumes rebound
PARIS (July 25, 2013) – The World Federation of Exchanges’ (WFE) semi-annual survey of global markets found that the value of share trading on its member exchanges increased 23% during the first half of 2013, while the volume of exchange-trade derivatives increased 14% after a negative performance in 2012.
The Research Department of the International Organization of Securities Commissions (IOSCO) today published a joint Staff Working Paper, with the World Federation of Exchanges (WFE), entitled Cyber-crime, securities markets and systemic risk.
The report explores the evolving nature of cyber-crime in securities markets and the threat it poses to the fair and efficient functioning of markets. Importantly, it highlights the urgent need to consider cyber threats to securities markets as a potential systemic risk.
(29 May 2013, PARIS) The World Federation of Exchanges (WFE) today released a review on High Frequency Trading (HFT), describing it as a technology that financial firms are embracing around the world. Besides, the study notes the many initiatives and risk management practices that exchanges have adopted to enhance the safety, stability and integrity of the markets.
BUSAN, S. KOREA (2 May, 2013) –Leaders of the many of the largest exchanges and clearinghouses will assemble 6-7 May for the annual derivatives conference of the World Federation of Exchanges (WFE) and the International Options Market Association (IOMA). The 30th annual meeting will focus on market and regulatory issues currently changing the world’s derivatives landscape.
PARIS (March 7, 2013) –For the first time since 2004, the number of Exchange Traded Derivatives (ETD) worldwide decreased in 2012 by 15% to 21 billion, according to statistics compiled by the World Federation of Exchanges (WFE).
The WFE, which annually conducts a survey on derivative markets, found that in 2012, 21 billion derivative contracts (11 billion futures and 10 billion options) were traded on exchanges worldwide - a decrease from the 25 billion traded in 2011. The full WFE report on derivatives markets will be available following the annual IOMA conference held this year in Busan, South Korea, from 5 to 8 May 2013.
PARIS (January 23, 2013) –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 statistics compiled by the WFE, the value of Electronic Order Book (EOB) share trading was down 22.5%, and the number of derivative contracts traded on-exchange worldwide decreased by 20%.
“We appreciate our members commitment to helping us compile our Annual Market Statistics, as we believe it is important to offer a true, objective picture of the current state of on-exchange trading worldwide,” said Hüseyin Erkan, CEO of the WFE. “Our 2012 Global Market Highlights offers the most comprehensive series of data covering a large range of exchanges’ activities, allowing for a more detailed approach of markets.”
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. Specific 2012 highlights from WFE are as follows: