The WFE's 59th General Assembly & Annual Meeting

The General Assembly is the ultimate decision-making body of the World Federation of Exchanges (WFE), responsible for approving policies, including admission and suspension of membership, annual budgets, and election of WFE officers. CEOs and other representatives of member exchanges worldwide attend the annual General Assembly.

The Annual Meeting is an invitation-only event, where leaders of global exchanges, regulatory authorities, industry experts from academia and the media gather together for in-depth discussion on major issues surrounding the exchange industry.

Since its foundation, the WFE has organised committees, meetings, general assemblies, conferences, and workshops for its members to transfer knowledge and share expertise. As an industry trade organisation, the WFE has discussed virtually every aspect of the capital market: the technical, the commercial, the legal and the economic. In the past four decades we have published studies and reports on issues such as CCP recovery & resolution, business continuity, self-regulation, cross border trading, HFT, sustainability, SMEs and cyber security.

About the WFE

Established in 1961, the World Federation of Exchanges is the global industry association for exchanges and clearing houses (CCPs). (WFE) Headquartered in London, represents  over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Of our members, 37% are in  Asia-Pacific, 43% in EMEA and 20% in the Americas. WFE exchanges are  home to nearly 48,000 listed companies, and the market capitalisation of these entities is over $70.2 trillion; around $95 trillion (EOB) in trading annually passes through the infrastructures WFE members safeguard (at end 2018).

The WFE is the definitive source for  exchange-traded statistics, and publishes over 350 market data indicators. 

About Singapore Exchange (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asia’s most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore.

SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit


Loh Boon Chye

Chief Executive Officer, Singapore Exchange (SGX)

Mr Loh Boon Chye joined SGX as CEO on 14 July 2015. He is also an Executive and Non-Independent Director on the SGX Board.

With a career in the financial industry that spans close to 30 years,  Mr Loh was most recently Deputy President and Head of Asia Pacific  Global Markets at Bank of America-Merrill Lynch from December 2012 to  May 2015. He was also the bank’s Country Executive for Singapore and  Southeast Asia and a member of its Asia Pacific Executive Committee.

Mr Loh began his career as an Investment Officer with the Monetary  Authority of Singapore in 1989. He joined the Singapore branch of Morgan  Guaranty Trust Co. of New York in 1992, managing its Southeast Asia  fixed-income and derivatives business. From 1995 to  2012, he was with Deutsche Bank AG, where he held various leadership  roles including Head of Corporate & Investment Banking for Asia  Pacific and Head of Global Markets for Asia.

Over the years, Mr Loh has played a key role in the development of  Southeast Asia’s capital markets, having held a number of senior  advisory positions. Apart from his directorship on the SGX Board from  2003 to 2012, he has also been on the Boards of GIC Pte Ltd since  November 2012, Economic Development Board Singapore since February 2017  and the World Federation of Exchanges since September 2017.

He was also previously Chairman of the Singapore Foreign Exchange  Market Committee, as well as Deputy President of ACI Singapore.

Mr Loh is a council member and Distinguished Fellow at the Institute  of Banking & Finance Singapore and was awarded for Outstanding  Contribution to Financial Markets in Asia in the Euromoney Awards for  Excellence in 2010. He was also presented the International Financial  Law Review (IFLR) Market Reform Award 2017.

Mr Loh holds a Bachelor of Engineering degree from the National University of Singapore.

Mr Loh was last re-elected as a director at the Annual General Meeting on 20 September 2018.

Nandini Sukumar

Chief Executive Officer, The World Federation of Exchanges

Nandini Sukumar is the Chief Executive Officer of the World Federation of Exchanges, the global association for exchanges and CCPs. The WFE represents more than 250 exchanges and clearing houses globally, educating stakeholders on the vital role played by market infrastructures in the real economy and as a standard setter, finding the consensus on issues among the global membership. WFE exchanges are home to nearly 45,000 listed companies, the market capitalization of these entities is over $82.5 trillion and around $81.8 trillion in trading annually passes through the infrastructures that the WFE members safeguard. Ms. Sukumar is Vice Chair of IOSCO’s Affiliate Members Consultative Committee and Chair of the AMCC’s DLT Workstream.

Ms. Sukumar has been CEO of the WFE since March 2015. Prior to this, she served as Acting Chief Executive Officer from November 2014, having been recruited by the WFE Board as Chief Administrative Officer in May 2014 to run the Federation on a daily basis and work with its global network of members as a proponent of the benefits of fair, orderly, public markets. Ms. Sukumar came to the WFE after a 14-year career at Bloomberg where she created, grew and ran their coverage of market structure, exchanges and UK regulation.

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