Arab Federation of Exchanges

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{{Infobox_Org |org_name = Arab Federation of Exchange |org_logo = [[Image:AFE.jpg|200px |foundation = 1979 |location = Beirut, Lebanon |products = |keypeople = Nader Azar, Chairman, Arab Federation of Exchanges and Chief Executive Officer, Amman Stock Exchange |twitter = |homepage = http://www.arab-exchanges.org |press = | blog = }}

The Arab Federation of Exchanges is an industry organization created in 1979 to connect Arab stock exchanges.[1]

The federation's mission is to create a transparent environment for the Arab capital markets, develop market members and reduce barriers of securities trading across the countries. It aims to harmonize laws and regulations in Arab countries and adopt technologies for trading and clearing systems.

The board consists of all stock exchanges and clearing houses of the Federation and has the highest authority in the Arab Federation of Exchanges.

The Federation Secretariat is the executive organization of the Federation, headed by the Secretary General, who has the financial and administrative powers.[2]

History[edit]

Members of the Federation are exchanges, clearing and settlement companies and brokerage firms. The federation headquarters is located in Beirut, Lebanon.

Products and Services[edit]

Membership[edit]

Key People[edit]

The AFE executive committee is made up of

  • Nader Azar, Chairman, Arab Federation of Exchanges and Chief Executive Officer, Amman Stock Exchange
  • Rashed Al Balooshi, Chief Executive of Abu Dhabi Securities Exchange,
  • Karim Hajji, Chief Executive Officer Casablanca Stock Exchange
  • Mohamed Abdel Salam, Chairman Misr for Central Clearing Depository and Registry (MCDR)

References[edit]

  1. History. Arab Federation of Exchanges.
  2. Board & Secretariat. Arab Federation of Exchanges.