Bahrain Bourse heads Arab Federation of Capital Markets Delegation meetings with London Stock Exchange Group

Manama, May 29 (BNA) The Bahrain Stock Exchange headed a delegation from the Arab Federation for Capital Markets during an official visit to the London Stock Exchange on May 26 and 27.

Hosted by the London Stock Exchange Group (LSEG), the event was attended by more than 19 delegates from the Arab Capital Markets Federation to support the development of the AFC’s cooperation with other international exchanges and to explore opportunities for cross-market cooperation.

Meetings were held with the London Stock Exchange, FTSE Russell and LCH, and covered topics related to SMEs and emerging markets, standards and indicators, Governance and Sustainability, and post-trading services.

“The Arab Capital Markets Federation is honored to host the London Stock Exchange Group (LSEG). LSEG offers markets located in the Middle East unique opportunities to access deep and liquid pools of international investment capital. At the union level, we are looking to explore areas of joint cooperation not only on the exchanges front, but also on the data and analytics solutions front as well as the post-trade value chain and identify areas of cooperation across markets,” Sheikh Khalifa bin Ibrahim Al Khalifa, CEO of Bahrain Bourse said. President of the Asian Football Confederation.

We are pleased to welcome the Arab Capital Markets Association to the London Stock Exchange, to open up the London markets for trading and exchange of ideas to create stronger and more connected capital markets. By collaborating, we can build stronger financial markets, allowing market participants to effectively raise funding and find the right investor base,” Julia Huggett, chief executive of the London Stock Exchange.

Bahrain Bourse took over the presidency of the Arab Financial Markets Association from the Saudi Stock Exchange (Tadawul) during the annual conference of the Arab Capital Markets Federation that was held on March 29-30. Bahrain Bourse, during its presidency, will assume the leadership of the Arab Federation for Capital Markets throughout 2022 and will continue efforts to develop the Federation and enable it to achieve its vision and expand its membership.

The Arab Federation of Capital Markets was established in June 1978 as a guiding body for the industry in the Arab stock exchanges, and it currently includes 21 members representing about 17 stock and commodity markets, four clearing companies, in addition to many brokerage firms and banks within the country. Arab region.

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