. UNCTAD has supported the development and the functioning of the commodity futures exchanges and has co-operated with the South African Futures Exchange (Safex) which is part of the JSE. In particular, UNCTAD and Safex organised different events in collaboration with the Swiss Futures and Options Association and the Association of Future Markets (an association representing the interests of emerging exchanges) to facilitate the sharing of best practices as well as stimulate the information flows and South- South collaboration.