On September 29, China Financial Futures Exchange (CFFEX) jointly held a bell ringing ceremony, to support the initiative of “Ringing the Bell for Financial Literacy” of International Organization of Securities Commissions (IOSCO) and the World Federation of Exchanges (WFE), together with Shanghai Stock Exchange and five other WFE member exchanges in China, and also with China Securities Investor Services Center and China Securities Investor Protection Fund. The purpose of the event is to promote financial literacy and raise awareness of the role of exchanges and other market infrastructures in investor education and protection. WFE CEO Nandini Sukumar joined the event remotely, and WFE Chairman, Cboe CEO Edward Tilly sent a congratulatory message.
As member of WFE and affiliate member of IOSCO, CFFEX has always prioritized investor education and protection. Over the years, CFFEX has successfully launched a wide range of investor oriented projects dedicated to the cause, including establishing the “CFFEX Futures and Options Institute”, one of the first national centers for capital market investor education; organizing a host of education programs featuring financial derivatives that are dedicated to university and college students, as well as market professionals and other members of the investment community; developing a full library of education materials that are intuitive and easy to understand; providing online courses and interactive gamification; and undertaking projects that combine financial literacy with poverty alleviation, to support development of the real economy.
"World Investor Week" is a global campaign promoted by IOSCO to raise awareness of the importance of investor education and protection. The “2021 World Investor Week" will be held from October 4th to 10th, and is the fifth such event. This year again, IOSCO and the WFE are working in partnership to support the “world Investor Week” through an initiative called “Ring the Bell for Financial Literacy”. This is the first time that 7 member exchanges in China jointly held the bell ringing ceremony, and also the first time CFFEX participated.
During the "2021 World Investor Week", CFFEX also plans to advocate the initiative through online quizzes in addition to social media and local video website promotion. In accordance with the CSRC requirements of "Four Awes and One Synergy", CFFEX will continue to work with global peers to build consensus and improve synergy on investor protection and education, and effectively meet the demands of domestic and international investors.