Preparing to host the world’s stock exchanges
Membership delegations from more than 90 countries will gather in Bermuda for a two-day conference later this year, when leaders from capital markets and financial services including global stock exchanges, regulatory authorities, the buy side and government meet for in-depth discussions on topical issues in the stock exchange industry.
The hosting by the Bermuda Stock Exchange from September 19 to 21 of the General Assembly and Annual Meeting of the World Federation of Exchanges will be in collaboration with the Bermuda Business Development Agency and the Bermuda Tourism Authority.
For Gregory Wojciechowski, chief executive officer of the BSX, having representatives of WFE’s more than 250 member exchanges in Bermuda is a significant opportunity for the island.
He said: “Hosting the General Assembly is a first for Bermuda. The WFE General Assembly is a key meeting for our industry, attracting a global stock exchange audience and will be an excellent opportunity to showcase Bermuda’s strength in financial services.”
Nandini Sukumar, chief executive of the WFE, said: “We are looking forward to holding our 62nd General Assembly and Annual Meeting in Bermuda.”
She added: “This event is crucially important, as WFE members and stakeholders from all over the world gather to discuss the future of the industry and issues that matter to us.
“We are excited to collaborate with the BDA and BTA and are eager to experience the uniqueness and beauty of Bermuda.”
Tracy Berkeley, chief executive of the BTA, stated: "We extend a warm welcome to the attendees of the forthcoming WFE conference in Bermuda, where international business and tourism stand as the twin pillars of our economy, relying on each other for mutual success.”
She said: “The gathering of participants from over 90 countries serves as a powerful testament to Bermuda's continued appeal as the perfect destination for corporate events.”
David Hart, BDA chief executive, agrees that hosting the event is a significant opportunity for the island.
He added: “We are pleased to partner with BSX for this one-of-a-kind conference in Bermuda. Nothing beats walking around the City of Hamilton to get a true appreciation of our unique value proposition as the world’s risk capital.
“We congratulate BSX on this achievement and look forward to assisting BSX in showcasing Bermuda and making the event a success for the jurisdiction.”
BSX’s parent holding company, Miami International Holdings, Incorporated, owns Miami International Securities Exchange.
Established in 1961, the WFE is the global industry association for exchanges and clearinghouses.
Headquartered in London, it represents more than 250 market infrastructure providers, including stand-alone Central Counterparty Clearing Houses that are not part of exchange groups.
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, policymakers, 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.