The CSE is a member of both the World Federation of Exchanges and the South Asian Federation of Exchanges.

 

World Federation of Exchanges (WFE)

 

Formerly FIBV - International Federation of Stock Exchanges, the World Federation of Exchanges (WFE) is the trade association of 52 publicly regulated stock, futures and options exchanges. The membership in WFE is considered by some governments and national associations of asset managers as criteria for preferential investment policy and taxation for these markets.

 

The distinct roles played by WFE members in the capital markets establish a formal environment for the trading, clearing and settlement of securities and other investment products. The members of WFE should meet the relevant membership criteria at the time of their induction, and are subject to self-assessment reviews when requested by the Federation's Board of Directors.

 

Today membership encompasses 52 exchanges from all over the world. At the end of year 2009 the total market capitalization of listed companies was approximately US $ 46.5 trillion. There are 6 Associates, 14 WFE Affiliates with separate professional relations and 27 exchanges which are WFE Correspondents.

 

In recognition of the technology, systems and regulations of the CSE, it was admitted as a member of the WFE in 1998, making CSE the first South Asian member.

 

South Asian Federation of Exchanges (SAFE)

 

SAFE is a forum launched by bourses in South Asia to promote the development of securities markets in the region. The inception of SAFE marks an important milestone in the march of South Asian capital markets towards regional and global integration.

 

The South Asian Federation of Exchanges (SAFE) consists of 16 Exchanges from India, Pakistan, Bangladesh, Sri Lanka, Nepal, Maldives, Mauritius and Bhutan. Its primary objectives are to encourage cooperation among the members in order to promote the development of their respective securities markets, to encourage the development of an integrated stock trading system in the region and to offer listing and trading opportunities for securities issued in the region.

 

The members of SAFE have agreed to work towards common standards including international accounting standards and best business practices in capital markets. SAFE will represent its members in related international forums, encourage cross-border listing, co-operate in human resource development, facilitate technology transfer among members and address other issues of common interest.

 

The CSE was a founding member of the SAFE in January 2000.