(Ohrid, May 6, 2001) The Federation of Euro-Asian Stock Exchanges (FEAS) successfully held the 22nd Executive Committee and Spring Working Committee Meetings on May 5-6, 2011 in Ohrid, Macedonia as hosted by the Macedonia Stock Exchange.
The Federation of Euro-Asian Stock Exchanges (FEAS) was established on 16 May 1995 with 12 founding members exchanges; currently there are 34 members exchanges and 13 affiliate members in 30 countries, including both post trade institutions and dealers associations. Membership in the Federation is open to emerging stock exchanges, post trade institutions and dealer’s associations in Europe, Asia and the Middle East.
During the meetings, members discussed how they will continue to provide competitive and viable financing options to both government and private sectors, while enhancing operations through technology and expanding their services offered to market participants both locally and abroad. Further, members focused on developing ways to increase transparency through investing in infrastructure and developing regulations to promote stronger environmental social governance. The working groups or Task Forces presented the work which has been achieved so far in 2011 against the planned activities for the year.
Based on the recent issues facing the securities sectors’ agenda FEAS is taking a closer look at both the markets and the technology as a key for survival as well as competitiveness. Through a collective approach FEAS successfully faces the challenges that exchanges and relevant institutions are facing. FEAS continues to play an instrumental role in helping members to look toward the global and regional challenges by working together to develop common underlying strategies and approaches to widespread issues and problems.
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