SAFE held its annual General Assembly on the sidelines of ASEA conference

The Annual General Assembly meeting of the South Asian Federation of Exchanges “SAFE”  will be held on the margin of the African Securities Exchanges Association “ASEA” Annual Conference, hosted by the Egyptian Exchange “EGX” n the 2nd of December 2012.

“SAFE” has 15 Asian member Exchanges out of which 5 are Indian, either local markets, or derivatives and commodities. The rest of the exchanges are 4 Pakistani markets, 2 Bengali Exchanges, Colombo Stock Exchange of Sri Lanka, Nepal Exchange, Royal Bhutan Exchange and Mauritius Exchange. These markets has 9,296 listed companies with over USD 2,330 billion an average market capitalization as of end of the year 2011.

ASEA 16th Annual Conference will be held in Cairo with the participation of 23 member exchanges, aiming to promote for the cooperation among ASEA members through the exchange of information and experiences as well as coordinating training programs between the member countries. It also highlights the advantages of listing on the promising African Exchanges.

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