noun
World Federation of Exchanges
Official name of the global trade association for securities exchanges and clearinghouses.
国際証券取引所連合は、世界中の証券取引所が加盟する組織です。
The World Federation of Exchanges is an organization that securities exchanges around the world belong to.
Compound of 国際 (international), 証券 (securities), 取引所 (exchange), and 連合 (federation).