World Federation of Exchanges
Encyclopedia
The World Federation of Exchanges (WFE), formerly FIBV - Federation Internationale des Bourses de Valeurs (International Federation of Stock Exchanges), is an international organization for securities and derivative
Derivative (finance)
A derivative instrument is a contract between two parties that specifies conditions—in particular, dates and the resulting values of the underlying variables—under which payments, or payoffs, are to be made between the parties.Under U.S...

markets such as stock exchanges.

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