World Federation of Exchanges


The World Federation of Exchanges (WFE), formerly the ''Federation Internationale des Bourses de Valeurs'' (FIBV), or International Federation of Stock Exchanges, is the
trade association A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association particip ...
of publicly regulated
stock In finance, stock (also capital stock) consists of all of the shares In financial markets A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities in ...

futures Futures may mean: Finance *Futures contract, a tradable financial derivatives contract. *Futures exchange, a financial market where futures contracts are traded. *Futures (magazine), ''Futures'' (magazine), an American finance magazine. Music *Fu ...
, and options
exchange Exchange may refer to: Places United States * Exchange, Indiana Exchange is an Unincorporated area, unincorporated community in Green Township, Morgan County, Indiana, Green Township, Morgan County, Indiana, Morgan County, in the U.S. state of In ...
s, as well as central counterparties (CCPs). It represents over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Its market operators are responsible for operating the key components of the financial world. It is based in
London London is the capital city, capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom. The city stands on the River Thames in the south-east of England, at the head of its estuary leading to the Nor ...

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed. The Guardian' and Telegraph' use Britain as a synonym for the United Kingdom. Some prefer to use Britain as shortha ...

United Kingdom
, and was founded in 1961.


To be a member, exchanges must adhere to the WFE Membership Criteria. Candidates are selected following a peer review. Membership criteria can be found here: As of April 2019, the WFE had 70 members: *
Abu Dhabi Securities Exchange Abu Dhabi Securities Exchange (A.D.X.; formerly Abu Dhabi Securities Market (ADSM); ar, سوق أبو ظبي للأوراق المالية) is a stock exchange in Abu Dhabi Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the capital and ...
Amman Stock Exchange Amman Stock Exchange (ASE) is a stock Stock exchange, exchange private institution in Jordan, based in Amman. History The ASE was established in March 1999 as a non-profit, private institution with administrative and financial autonomy. It is au ...
Athens Stock Exchange The Athens Stock Exchange (ASE or ATHEX; el, Χρηματιστήριο Αθηνών (Χ.Α.), ''Chrimatistírio Athinón'') is the stock exchange of Greece Greece ( el, Ελλάδα, , ), officially the Hellenic Republic, is a country loca ...
Australian Securities Exchange The Australian Securities Exchange is Australia's primary securities exchange. It is owned and operated by ASX Limited, with the exchange also commonly referred to as the ASX. While the exchange and the operating companies are separate, they are ...
* B3 Brasil Bolsa Balcão * Bahrain Bourse * Bermuda Stock Exchange * Bolsas y Mercados Españoles, BME Spanish Exchanges * Bombay Stock Exchange, BSE India Limited * Buenos Aires Stock Exchange, Bolsa de Comercio de Buenos Aires * Santiago Stock Exchange, Bolsa de Comercio de Santiago * Colombia Stock Exchange, Bolsa de Valores de Colombia * Lima Stock Exchange, Bolsa de Valores de Lima * Mexican Stock Exchange, Bolsa Mexicana de Valores * Borsa Istanbul * Boursa Kuwait * Casablanca Stock Exchange, Bourse de Casablanca * Bursa Malaysia * Chicago Board Options Exchange, CBOE * China Financial Futures Exchange
China Securities Depository and Clearing Corporation Ltd.
* CME Group * Colombo Stock Exchange * Cyprus Stock Exchange * Dalian Commodity Exchange * Dar es Salaam Stock Exchange, Dar es Salaam Stock Exchange PLC * Deutsche Börse * Dhaka Stock Exchange, Dhaka Stock Exchange Ltd. * Dubai Financial Market * Depository Trust & Clearing Corporation, The Depository Trust and Clearing Corporation * The Egyptian Exchange * Euronext * Ho Chi Minh City Stock Exchange * Hong Kong Exchanges and Clearing * Indonesia Stock Exchange * Intercontinental Exchange * Japan Exchange Group * JSE Limited * Kazakhstan Stock Exchange * Korea Exchange * London Stock Exchange Group * Luxembourg Stock Exchange * Malta Stock Exchange * Moscow Exchange * Multi Commodity Exchange, Multi Commodity Exchange of India Ltd. * Muscat Securities Market * NASDAQ OMX Group, NASDAQ OMX * Nairobi Securities Exchange * National Stock Exchange of India * Nigerian Stock Exchange * New Zealand Exchange, NZX Limited * Options Clearing Corporation, OCC - The Options Clearing Corporation * Oslo Stock Exchange, Oslo Børs * Palestine Exchange * Philippine Stock Exchange * Qatar Exchange * Tadawul, Saudi Stock Exchange (Tadawul) * Shanghai Futures Exchange * Shanghai Stock Exchange * Shenzhen Stock Exchange * Singapore Exchange * SIX Swiss Exchange * Stock Exchange of Mauritius * Stock Exchange of Thailand * Gre Tai Securities Market, Taipei Exchange * Taiwan Futures Exchange * Taiwan Stock Exchange * Tel Aviv Stock Exchange * TMX Group * Zhengzhou Commodity Exchange


Affiliates as of April 2019 include the following:
Barbados Stock Exchange
* Beirut Stock Exchange
Bola Electronica de Chile (BEC)

Bolsa Nacional de Valores

Bolsa de Valores de Panama S.A

Botswana Stock Exchange
* BRVM, Bourse Régionale des Valeurs Mobilières SA * Bucharest Stock Exchange * Cayman Islands Stock Exchange
Chittagong Stock Exchange Ltd.
* Dar es Salaam Stock Exchange * Dhaka Stock Exchange * Dubai Gold & Commodities Exchange
Dutch Caribbean Securities Exchange (DCSX)

FMDQ OTC Securities Exchange
* Hanoi Stock Exchange
Indian Commodity Exchange Ltd.
* Indonesia Commodity and Derivatives Exchange * Iran Fara Bourse * Iran Mercantile Exchange
Jamaica Stock Exchange

MERJ Exchange Limited

MIAX Options
* Namibian Stock Exchange
National Equities Exchange and Quotations

National Stock Exchange of Australia
* Nepal Stock Exchange * Palestine Exchange * Port Moresby Stock Exchange
Rosario Futures Exchange (ROFEX)

St. Petersburg International Mercantile Exchange (SPIMEX)
* Tehran Stock Exchange * The International Stock Exchange

See also

* Exchange (organized market) * Stock exchange * List of stock exchanges * Federation of Euro-Asian Stock Exchanges


External links

Bloomberg company profile
{{World Federation of Exchanges Business organisations based in London Trade associations based in the United Kingdom Organizations established in 1961 Supraorganizations