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Cboe CEO Ed Tilly Appointed as Chairman of the World Federation of Exchanges

Source: Youmans

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Fazzaco learned that Ed Tilly, Cboe Global Markets’s Chairman, President and CEO, has been appointed as Chairman of the World of Federation of Exchanges (WFE), effective from September 9.

The WFE represents more than 250 market-infrastructures ranging from those that operate the largest financial centers to those that run frontier markets. Members include over 50 distinct CCP clearing services, among them stand-alone CCPs.

Tilly was previously Vice Chairman of the WFE from 2018 to 2021. He was elected Chairman by the WFE membership during its 60th Annual Meeting, hosted by the Shenzhen Stock Exchange.

In his new position, he will work with WFE CEO Nandini Sukumar and its board and members to advance the organization's mission to foster well-functioning capital markets, reinforce systemic stability, support developing markets and educate on the role exchanges and clearinghouses play in the global economy.

“We are pleased to welcome Ed as Chairman of the WFE. Ed brings many years of industry experience and a passion and commitment to our mission, and we look forward to furthering our progress under his chairmanship,”Nandini Sukumar, CEO of the WFE said.

As Fazzaco reported earlier, Cboe Global Markets completed the acquisition of Chi-X Asia Pacific, one of the most successful alternative market operators in Asia Pacific. With the new acquistion, Cboe gains entrance into two of the world's largest securities markets – Japan and Australia.
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