Stock exchange executives met in Budapest

Tue, 02/05/2017

The Budapest Stock Exchange hosted the industry’s flagship event, the World Exchange Congress 2017. By Dario Mariotto, Relationship Manager, GSS Hungary        

The annual World Exchange Congress is an occasion to share innovative ideas and create new collaborations and partnerships among the top representatives of exchanges, clearing houses and global financial institutions.

More than 200 participants from 64 countries attended the event, among them representatives of dominating players such as Deutsche Börse, Nasdaq, Shanghai Stock Exchange and Japan Exchange Group.

The event began with the analysis of market statistics showing the positive trend in Asia compared to the flat or slightly decreasing evolution in the Americas and Europe.

Besides the traditional concept of the stock exchange as a financing hub for companies, much attention was given to the progress, plans and approaches on developing an equity market culture for local markets through the collaboration with important stakeholders.

Another interesting discussion topic was the growth of the global derivatives market as well as the front-line role of technology nowadays. In this respect, some participants presented the latest steps toward the implementation of blockchain technology solutions.

Last but not least, top level representatives from global financial institutions gave their insights and explained the reasons within global capital markets for the spectacular growth of the ETF industry, which for the first time last year exceeded the hedge fund industry.

 

Dario Mariotto

Relationship Manager

dario.mariotto@unicreditgroup.hu