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The Federation of Euro-Asian Stock Exchanges (FEAS)  
The Federation of Euro-Asian Stock Exchanges (FEAS) was established on 16 May 1995 with 12 founding members who have grown to reach 32 full members and 7 affiliate members. The full membership in this Federation is open to the stock exchanges from countries in Europe, outside the European Union and EFTA, including CIS, Central and South Asia and the Middle-East. While affiliate membership is open to the Central Depositories and Clearing and Settlement Institutions working in the respective countries.

It is currently presided by Istanbul Stock Exchange while Muscat Securities Market is acting as the Vice President of the federation. It’s worth mentioning that EGX had been elected in November 2006 to be the Vice President of FEAS for a term of 2 years.

The mission of FEAS is to create fair, efficient and transparent market environments, with little or no barriers to trade, between the FEAS members and their operating regions.

The Federation has been significantly active and successful since its inception through its Executive and Working Committees and their task forces, whereby FEAS has fulfilled its plans and is continuously looking forward for more.

The significant achievements include the planned upgrade and implementation of the FEAS Data Center (FDC) to standardize and promote cross market statistics, in addition to the initiation and launching of the FEAS Index which is also a step towards cross border trading. There were special activities that promoted the growth of stock exchange operations such as Bilateral Visits, establishing the FEAS Training Center; the joint ISE/FEAS projects with international associations and organizations such as the World Bank, World Federation ofExchanges (WFE) and the Organization for Economic Cooperation and Development (OECD).

www.feas.org