20
Location
Istanbul, Turkey
Web site
/
Founded
1995
AFM Member since
2012
Management
• Chairman: Dr. Mohammad Omran (CEO of Egyptian Exchange)
• Secretary General: Serkan Karabacak (Borsa Istanbul)
AFM Contact Person
Ege Adalioglu, Deputy Secretary General
Telephone no: +90 212 2926600 (ext 235)
Mobile: +90 530 7350742
Type of Institution
The Federation of Euro-Asian Stock Exchanges (FEAS) is a sectoral non-profit organization
bringing Eurasian capital market institutions together. FEAS is open to exchanges in Europe, Asia
and Mediterranean Basin; and affiliate membership is available for post trade institutions and
dealer associations in the same region.
Since its foundation in Istanbul in 1995 with 12 members, FEAS has grown to 42 members
(24 Full, 8 Affiliates, 4 Observers and 6 Bilateral, including AFM) from 30 countries. The membership
includes exchanges, post trade institutions, dealer associations and regional federations.
Mission
The mission of FEAS is to help create fair, efficient and transparent market environments among
its members and in their operating region. Within this framework, increasing the awareness of
the Euro Asian Region towards Investors has always been FEAS main purpose. FEAS also aims to
minimize barriers to trade through the adoption of best practices for listing, trading and settlement.
In addition FEAS also supports promoting linkages among members for cross-border trading.
Structure
The governing body of FEAS is the General Assembly, comprised of all full member exchanges
and affiliate members. The Assembly meets once annually in a member country to discuss major
issues concerning the operations of FEAS. The purpose of the meeting is to decide upon changes
in the Statute and by laws, its annual budget and to approve its activity and financial reports
including the Audit Report. The Executive Board, made up of 11 members, is responsible for the
development of Federation policies, making major administrative decisions as mandated by the
General Assembly, approving the content and scope of tasks assigned to the Working Committee
and making recommendations to the General Assembly. The administration of the Federation is
entrusted to the Secretary General, who is appointed by the General Assembly.
Membership
Federation of Euro Asian Exchanges
