Qatar Stock Exchange hosts 55th WFE General Assembly and Annual Meeting

The World Federation of Exchanges' (WFE) 55th General Assembly and Annual Meeting took place Oct. 21 in Doha, Qatar.

Representatives from more than 60 countries attended the three-day gathering, which was hosted by the Qatar Stock Exchange (QSE).

WFE Chairman and CEO Juan Pablo Cordoba closed the meeting, noting that the QSE had "set the bar high" with the annual meeting, which will be held next year in his home country, Colombia. "The results from this year's conference and meeting here are motivating," Cordoba said.

Cordoba also invited Qatar to attend the 56th General Assembly and Annual Meeting.

"I would like to especially thank Rashid [Ali Al-Mansoori, QSE CEO] for his superb organization and hospitable welcome to Doha," he said.

This year was the first time a WFE meeting was held in the Middle East.

"The engagement here that people have had has highlighted the importance of the Middle East and showed people from around the world – literally every corner of the world - how wonderfully open and engaging this area is," Sandy Frucher, vice chairman of NASDAQ, said.

Chitra Ramkrishna, managing director and chief executive officer of the National Stock Exchange of India, said of Qatar, "[They are] up-and-comers who have made effective use of their natural resources, and the Qatar Stock Exchange is developing into a world-class exchange."

Aydin Seyman, executive vice president, Borsa Istanbul, agreed.

"I have attended many WFE meetings in the past, and I must say the Qatar Stock Exchange has been extremely well-prepared," Seyman said.