Liquidity risk is a theme frequently spoken about: WFE CEO Nandini Sukumar

As investors' needs and regulatory thinking evolves and as investment flows change, market structures evolve too.

The World Federation of Exchanges (WFE), the global industry group for exchanges and central counterparties (CCPs), on Tuesday published a joint report with Oliver Wyman examining the post-crisis developments that have shaped the current clearing landscape. In an interview with Ashley Coutinho, NANDINI SUKUMAR, chief executive officer (CEO), WFE, and VIKRAM LIMAYE, managing director & CEO, National Stock Exchange of India, spoke about the key focus areas for the industry body. Excerpts: 

What will be the key focus areas for the WFE in the next 4-5 years?

Sukumar: Markets are being increasingly collateralised. The regulatory standard setting bodies have