The World Federation of Stock Exchanges (WFE) is a global organization that represents the interests of stock exchanges and their stakeholders. The WFE was established in 1961 and is headquartered in Brussels, Belgium.The WFE is the principal global trade association for stock exchanges, and its membership includes over 70 exchanges from around the world. The WFE's membership represents more than 95% of the world's stock market capitalization and includes exchanges from developed and emerging markets.The WFE's mission is to promote and enhance the development of the world's capital markets. To achieve this mission, the WFE engages in a wide range of activities, including advocacy, research, and the development of industry standards. The WFE also provides its members with a forum for discussion and exchange of information, and it works to promote cooperation and collaboration among its members.In addition to its advocacy and research activities, the WFE provides its members with a range of services and support, including training and education programs, as well as access to best practices and expertise. The WFE also provides its members with a platform to engage with regulators and policy makers, and to influence the development of global regulatory policies that affect capital markets.Overall, the WFE plays a critical role in supporting the development of the world's capital markets. Its work helps to promote greater transparency, efficiency, and stability in these markets, and it supports its members in their efforts to provide investors with access to investment opportunities.