The World Federation of Exchanges (WFE), formerly the Federation Internationale des Bourses de Valeurs (FIBV), or International Federation of Stock Exchanges, is the trade association of 63 publicly regulated , futures, and options exchanges. Its market operators are responsible for operating the key components of the financial world. It is based in London, United Kingdom, and was founded in 1961.
To be a member, exchanges must adhere to the WFE Membership Criteria. Candidates are selected following a peer review. There are 2 Associates, 18 WFE Affiliates with separate professional relations, and 14 exchanges which are WFE Correspondents.
As of July 2016, the WFE had 63 members:
Affiliates as of 17 August 2016 include the following: