The World Federation of Exchanges (WFE) has announced plans for a number of initiatives designed to promote financial education and business skills to children and university students.
Working under the guidance of WFE’s working committee, the Japan Exchange Group (JPX) will lead the programme that has been designed in response to global leaders’ demands for better financial education.
Thirty exchanges and clearing houses have so far signed up to the initiatives which will involve stock trading games as well as the ‘JPX Entrepreneur Program’ designed to teach business concepts and practical skills.
“JPX and other WFE members have been pioneers in the field of financial education for young people,’ WFE CEO Nandini Sukumar said.
“For regulated markets, financial literacy and investor education is a core mission and goes hand in hand with efforts to promote transparency and trust in markets.”
JPX Group CEO Akira Kiyota spoke of the importance of the initiatives in today’s market.
“Today, foreign investors account for 60% to 70% of trading at TSE and OSE, and we see more cross-market ETF listings.
“With capital markets becoming increasingly globalized and borderless, we recognize the need for a cross-border group to align and discuss the direction of financial education, and will lead the study group to prepare our future generations for active participation in capital markets."