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Athens News Agency: News in English, 08-06-17
CONTENTS
[01] Kapralos elected FESE President
[01] Kapralos elected FESE President
Spyros Kapralos, the president of the Athens Stock Exchange on Tuesday
was elected President of the Federation of European Stock Exchanges
(FESE) on an unanimous voting by the Federationās general meeting in
Stockholm.
Kapralos will take over as president on June 18 for a two year term.
?It is a special honour for me to take over the president of FESE from
Jukka Ruuska.?. He noted that the sector has witnessed fundamental
changes lately and stressed that the sector still faced many challenges
ahead, such as a globalization of stock markets, the introduction of
MiFID and the possibility of out-of-the-market transactions without the
use of platforms offered by stock exchanges. ?FESEās members are in a
position to effectively deal with increasing competition,? Kapralos
said.
He noted that FESE must focus its strategy on maintaining a neutral
stance towards investors, the use of technology and increased
transparency and liquidity.
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