Chairmen and Chief Executives from more than 50 of the worlds leading exchanges gathered in Vancouver this week for the 49th General Assembly and Annual Meeting of the World Federation of Exchanges (WFE). This assembly represents the largest and most widely attended gathering of global exchange leaders. The last meeting was held in Milan in 2008.
Over the last year, global economic uncertainty created unprecedented challenges and opportunities for exchanges, our stakeholders and policy makers, says Thomas A. Kloet, CEO of TMX Group. TMX Group is very proud to host this important gathering at such a critical time. Open dialogue, the sharing of ideas and the work that takes place at these meetings help shape strategy and policy for the worlds top exchange groups.
The presence of more than 50 exchange leaders at the Assembly demonstrates WFEs increasing leadership role in promoting international cooperation between markets and regulators, says Brodsky, Chairman and CEO of the Chicago Board Options Exchange, who is completing the first year of his two-year term as WFE Chairman. Important issues will be addressed at this WFE annual meeting, including corporate governance, market structure, and the role exchanges played to stabilize markets during the recent financial crisis. I am especially grateful that so many chief executives from so many important exchanges are participating in these discussions.
D.C.