Nairobi bourse among 6 new members admitted to WFE

October 4, 2018
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Other entrants include the London Stock Exchange Group, China Securities Depository and Clearing Corporation and Tunis Stock Exchange among others/FILE

, NAIROBI, Kenya, Oct 4 – The Nairobi Securities Exchange is among the six new members to be admitted into the World Federation of Exchanges.

Other entrants include the London Stock Exchange Group, China Securities Depository and Clearing Corporation and Tunis Stock Exchange among others.

World Federation of Exchanges CEO Nandini Sukumar says the new members demonstrate the global breadth and multi-asset class depth of today’s WFE.

“Members are the lifeblood of any trade association, and our new members demonstrate the truly global breadth and multi-asset class depth of today’s WFE. We are proud to represent such a diverse range of organizations,” he said.

With the new admission, WFE now also represents more than 200 market infrastructure providers

“Moreover, with our ever-growing mandate and membership base, we look forward to championing the causes that matter to our members, focusing on business-critical topics including CCP-related capital issues, sustainability, emerging markets, market integrity, regulatory coherence, SMEs, cyber resilience and FinTech,” he added.

The organisation now has 70 members, a historic high in the federation’s 57-year history.

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