64th General Assembly of the World Federation of Exchanges to be hosted by Borsa Istanbul

 

PRESS RELEASE

64th General Assembly of the World Federation of Exchanges to be hosted by Borsa Istanbul

London, 18th June 2025 – The World Federation of Exchanges (WFE) is delighted to announce that Borsa Istanbul will host its 64th General Assembly and Annual Meeting, bringing together the leading global market infrastructure providers in the heart of one of the world’s most dynamic financial hubs.

The annual event, scheduled to take place from 21st-23rd October, will convene global exchange and clearing house leaders, policymakers, investors and media. 

The WFE’s General Assembly, its ultimate decision-making body, will be followed by high-level discussions on key global market issues including: the pros and cons of market deregulation, the impact of tariffs and trade tensions on public markets, 24/7 trading and clearing, how AI is changing markets, and much more. 

More details about the agenda, speakers, will be announced in the coming weeks on the conference website, which can be found here.

Nandini Sukumar, CEO of the World Federation of Exchanges, said, “We are delighted to be bringing the industry to İstanbul, highlighting the country’s strategic role as a bridge between East and West and reaffirming İstanbul’s growing influence as a regional financial centre with Borsa İstanbul, the national exchange, at the core.”

Korkmaz Ergun, CEO of Borsa İstanbul, said, “World Federation of Exchanges keeps the pulse of the global exchange industry and gives voice to its challenges and priorities. It leads exchanges through collaboration, collective action, high quality research, policy papers, consultation papers and much more. As an active member of the World Federation of Exchanges since 1992, Borsa İstanbul is always keen to add value to the industry. Hosting this prestigious event underscores our commitment for international collaboration. We look forward to welcoming global exchange leaders to our beautiful İstanbul, a city that connects continents and cultures.”

For more information, please contact:

Cally Billimore                

Communications Manager        

[email protected]

+44 7391 204 007

About the World Federation of Exchanges (WFE):

Established in 1961, the WFE is the global industry association for exchanges and clearing houses. Headquartered in London, it represents over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Of our members, 37% are in Asia-Pacific, 43% in EMEA and 20% in the Americas. WFE’s 87 member CCPs and clearing services collectively ensure that risk takers post some $1.1 trillion (equivalent) of resources to back their positions, in the form of initial margin and default fund requirements. WFE exchanges, together with other exchanges feeding into our database, are home to over 49,054 listed companies, and the market capitalisation of these entities is $116.58 trillion; around $155 trillion (EOB) in trading annually passes through WFE members (at end 2024).

The WFE is the definitive source for exchange-traded statistics and publishes over 350 market data indicators. Its free statistics database stretches back more than 40 years and provides information and insight into developments on global exchanges. The WFE works with standard-setters, policy makers, regulators and government organisations around the world to support and promote the development of fair, transparent, stable and efficient markets. The WFE shares regulatory authorities’ goals of ensuring the safety and soundness of the global financial system. 

With extensive experience of developing and enforcing high standards of conduct, the WFE and its members support an orderly, secure, fair and transparent environment for investors; for companies that raise capital; and for all who deal with financial risk. We seek outcomes that maximise the common good, consumer confidence and economic growth. And we engage with policy makers and regulators in an open, collaborative way, reflecting the central, public role that exchanges and CCPs play in a globally integrated financial system. 

Website: www.world-exchanges.org

X: @TheWFE

About Borsa İstanbul

Borsa İstanbul, with roots dating back to 1873, ensures fair and well-organized trading in equities, debt securities, derivatives, precious metals and diamond markets. Borsa İstanbul is the majority shareholder of Takasbank (Central Counterparty) and Merkezi Kayıt Kuruluşu (Central Securities Depository). These three institutions constitute Borsa İstanbul Group, the sole provider of trading, clearing and settlement services in Turkish capital markets. 

With an integrated pre-trade, trade and post-trade infrastructure, cutting-edge technology and diverse product range, Borsa İstanbul Group provides investors with a modern trading platform in line with international standards. The broad selection of derivative products enhances investment flexibility, allowing investors to construct their desired portfolios.

Borsa İstanbul continues to strengthen its global position with strong performance across multiple asset classes, ranking 3rd in the world in equity market turnover velocity, 1st in single stock futures, and 4th in precious metals futures based on number of contracts traded. The Debt Securities Market ranks 2nd worldwide in the number of new domestic corporate bond listings. Borsa İstanbul has substantially increased the number of listed companies to 585 with 192 IPOs raising $9.4 billion capital over the last four years. Total number of active investor accounts reached 15 million of which 6.6 million are equity investors. With an average daily trading value of $2 billion in derivatives, $5 billion in equities, $35 billion in debt securities, and annually 284 tons of gold and 828 tons of silver in precious metals and diamond markets, Borsa İstanbul provides a highly liquid venue for trading. 

There are no restrictions on foreign portfolio investors trading in the Turkish capital markets. Real persons and legal entities residing abroad can freely purchase and sell all sorts of securities and other capital market instruments. For most of the products traded at Borsa İstanbul, zero withholding tax is applied and no further declaration is required for foreign investors. Borsa İstanbul is accredited as “Third Country Trading Venue” by European Securities and Markets Authority (ESMA). Türkiye's fast growing economy, liberal investment climate and robust investor protection mechanisms are some of the key factors that make it an attractive destination for investment. Borsa İstanbul Group remains dedicated to provide safe, transparent and reliable markets for all market participants.

Website: www.borsaistanbul.com/en

 X: @BorsaIstanbulEN

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