CNSX Markets Inc. has been admitted as a correspondent of the World Federation of Exchanges (WFE), a trade association of regulated stock, futures and options exchanges, the company said Monday.

There are currently 51 full members of the WFE, 21 WFE Affiliates, and 30 exchanges which are WFE correspondents.

“The WFE is a central reference point for exchanges around the world, offering guidance on business strategies and on the improvement and harmonization of management practices in the securities industry,” says William Woods, CNSX Markets managing director. “WFE membership is considered by some governments and national associations of asset managers as a criterion for preferential investment policy and taxation for these markets. As a correspondent, CNSX Markets will be active in the WFE workshops and will work towards full membership of this prestigious organization in due course.”

CNSX Markets is a privately held Canadian company that operates two distinct markets: The Canadian National Stock Exchange (CNSX); and Pure Trading.

IE