General Overview 

The Arab Federation of Capital Markets (AFCM) is the Arab industry group for Exchanges and Clearing houses, and Financial Institutions around the Arab regions. It was established in 1978 to be the guiding body for the Arab Stock Exchanges, under the recommendation of the Arab Central Banks Conference. Currently, the AFCM has a portfolio of 17 exchanges and 3 Clearing houses (CSD’s), and multiple affiliate members (financial institutions, brokerage firms).  

The mission of the Federation is to create a transparent environment for the Arab capital markets, develop market members and reduce the barriers of security trading across the countries through establishing harmony across the laws and regulations of the Arab countries, adopting new technologies and advanced trading, and clearing settlements. 

On May 26 / 27th LSEG is welcoming a Delegation of AFCM Executive for a Workshop in the LSE headquarters in London.  

This workshop originates in the strong historic partnership between LSEG / Refinitiv and the AFCM. Under the now larger umbrella of the Group, we are looking to connect the various relationships across the organisation and reinforce our collaboration with the members and the Federation. In doing so, we are expecting long-term opportunities and dialogue supporting the development of the financial markets in the Arab regions.  

On the occasion, Shaikh Khalifa bin Ebrahim Al Khalifa, CEO of Bahrain Bourse and AFCM President commented: “The Arab Federation of Capital Markets is honoured to be hosted today by the London Stock Exchange Group. LSEG offers unique opportunities to Middle East-based markets to access deep and liquid pools of international investment capital. At a Federation level, we look forward to exploring mutual areas of cooperation not only on the exchange operations front, but also on the data and analytics solutions front as well as post-trade value chain and identify areas for collaboration across markets.”