Visits to Stock Exchanges - ‘Ring Around the World’
Stock exchanges can be part of the ‘Ring Around the World’ initiative, by inviting children and youth to ring the opening or closing bell at the stock exchange. This is a great opportunity for children and youth to learn more about the work of stock exchanges around the world.
EXAMPLE The Rwanda Stock Exchange was opened by students from Lycee de Kigali and high-level representatives from AIESEC Rwanda, RSE CEO and Lycee de Kigali School Management. The participants visited National Bank of Rwanda for a GMW study tour. Students from Green Hills Academy a High School with UTB University students were introduced to the following sessions: Functions of Financial Markets, Monetary Policy and Research, Currency and Banking and the Role of Saving for a Young Person. EXAMPLE The Ljubljana Stock Exchange organised four open days for students between27-30 March 2017. The Stock Exchange prepared an exciting full-day programme featuring a bell ringing ceremony, a general quiz on the stock exchange including prizes as well as a variety of lectures that expanded students’ financial knowledge. The aim of the event was to raise awareness about the importance of financial literacy for the successful future of every individual and increase the level of financial literacy among youth. Additionally, the purpose of this event was to bring the stock exchange closer to youth presenting its operations and importance. For this reason, many prominent experts from the financial field, including experts from ALTA Invest, KD Funds, Prva osebna zavarovalnica, Stock Exchange Members’ Association and the Ljubljana Stock Exchange held lectures at the event. During the event, more than 255 motivated students from 13 different high schools participated. EXAMPLE During GMW2016 in Brazil, students visited the Brazil’s stock exchange, BM&F BOVESPA. While at the stock exchange, they learnt how the financial markets function and as well as the role of stock exchanges within financial systems. Additionally, students learnt about banking products and services, and the importance of saving for the future by using formal financial services. The visit also included insightful stories about BM&F BOVESPA, its history and future and how it became one of the world’s largest stock exchanges and the biggest in Latin America.
EXAMPLE A special Global Money Week celebration took place at the NASDAQ opening bell ceremony on March 18th. Jeroo Billimoria, Managing Director of Child and Youth Finance International, and Mr. Marc Bichler, Executive Secretary of the United Nations Capital Development Fund (UNCDF) rang the bell to mark the Week. Also joining in the bell ringing ceremony were BRAC, McGraw-Hill, UN Global Compact and Plan International.
EXAMPLE On March 21 2012, Child and Youth Finance International was welcomed at the NASDAQ Opening the Market ceremony. The ceremony also marked the end of the first Child and Youth Finance Week (renamed to Global Money Week), which is a yearly recurring event. Jeroo Billimoria had the honor of opening the market that day. |
80 stock exchanges that have participated in Global Money Week
1. Argentina – Bolsa de Commercio de Buenos Aires (BCSE) |
41. Malaysia – Bursa Malaysia |