Astana International Exchange (the “AIX”) is pleased to announce that it has been approved as a full member of the World Federation of Exchanges (the “WFE”, “Federation”), the global industry group for exchanges and CCPs, which represents over 250 market infrastructure providers, including 68 exchanges – full members of the WFE. Members of the WFE voted anonymously for the AIX membership at the WFE’s 60th General Assembly after AIX has passed the Federation’s rigorous inspection procedures.
The purpose of the WFE is to contribute to the development, support and promotion of organised and regulated securities and derivatives markets, in order to meet the needs of the world’s capital markets in the best interests of their users.
The WFE works with standard-setters, policy makers, 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.
Nandini Sukumar, Chief Executive Officer, the WFE said:
“We are delighted to welcome AIX to WFE membership. Our criteria, process and inspection is a stringent one involving an assessment of the market structure and the regulatory framework in which it sits, discussions with stakeholders in the national jurisdiction, a peer review process and an inspection. AIX joins 68 other exchanges and CCPs around the world that have met WFE standards as laid out in our principles for exchanges.”
Renat Bekturov, CEO of AIX, commented:
“We are delighted to be welcomed within the global community of Exchanges. This membership is a recognition of the AIX as a marketplace which meets the highest standards of leading global bourses and plays a vital role in developing an innovative and vibrant local capital market.”
