Arab Federation of Exchanges Conference in Muscat held on 3rd – 4th March, 2013 at Grand Hyatt Hotel, was a unique forum which gathered an audience of nearly 350 distinguished guests. It was an opening call to engage with passion and creativity, in honest dialogue and reflection on the future of Stock Exchanges and to create fair and transparent environment. This would in turn mitigate obstructions in trading securities and attain harmony in laws and regulations governing the Arab capital markets along with the adoption of the latest technology.
Participants to the convening hailed from exchanges and clearing houses where not less than 17 Middle East Stock Exchanges were represented. While Day 1 was focused towards the development and the latest trends set in the industry Day 2 spoke about linkage of exchanges, needs of the stakeholders, marketing ratings and corporate governance.
Wavetec was invited to be a part of the discussion panel on “How can Exchanges cater the needs of their stakeholders”? Mr. Tobias Bessone represented Wavetec at the event emphasizing on the retail investors and how to cater their needs of transparency through Information Dissemination Technologies. He said “This event is an excellent initiative to promote the linkage of Arab financial markets and develop them in terms of volume and regulations at all levels. Wavetec attempts to play its rightful part in the prosperity and progress of Arab Stock Exchanges and with the help of our sophisticated technology solutions; we aim to help them in achieving the desired stakeholders satisfaction levels and protocols”.