The Bermuda Stock Exchange was among 63 exchanges worldwide that participated in a ceremonial “Ring the Bell for Financial Literacy” event Friday as part of the World Federation of Exchanges’ support for World Investor Week.

This initiative is led by the International Organisation of Securities Commissions and aims to raise awareness about the importance of investor education and protection on a global scale.

“BSX is pleased to once again participate in IOSCO’s World Investor Week and the WFE’s Ring the Bell for Financial Literacy global initiative,” said Greg Wojciechowski, BSX president and chief executive.

“Promoting financial literacy while supporting our local community by encouraging investment in domestic and international markets is an important initiative for BSX.

“We were delighted to host the CFA Society Bermuda and Bermuda College at the bell ringing ceremony and help raise visibility for their financial literacy programmes.”

The Society’s Building Financial Literacy workshop series, offered as part of the College’s Athora Division of Professional and Career Education programme, runs from October 30 until November 13.

It aims to drive financial literacy across Bermuda by teaching fundamental money and financial concepts including the basics of budgeting and savings, income and expenses, and planning for retirement.

“Money influences our lives directly and indirectly every day and building financial literacy helps to improve confidence and reduce anxiety when facing financial decisions,” said Romari Tucker, education chairman of the CFA Society.

“The CFA Society Bermuda has promoted financial literacy within the community through this course since 2019, with the goal being to empower individuals to make informed financial decisions.

“We are pleased to continue offering this programme in partnership with the Bermuda College.”

Tawana Flood, director of the Athora Division of Professional and Career Education, added: “Today’s bell ringing is a signature moment for Bermuda College.

“Money is often referred to as the global language of success and it is important that everyone learns how to speak that language, regardless of one’s economic status or standing.

“A strong foundation in financial literacy is key and Bermuda College’s Financial Literacy Series, in partnership with the CFA Society Bermuda, is proud to provide access to that financial literacy.”