8/21/2009

Istanbul Stock Exchange to become a global player

Dunya – The Istanbul Stock Exchange (IMKB) is on track to implement new projects that will offer investors a wide range of new options and advantages. A “Turkish Stock Exchange”, where all stocks will be traded on a single platform, will initially be established, while IMKB, the Istanbul Gold Exchange and the Derivatives Exchange (VOB) will be unified under a central platform. Stock brokers will be able to carry out transactions on all stock markets using a single line and collateral. The new stock exchange structure will then be integrated into the world’s four largest exchanges, and contact will be established with Eurasian exchanges, in addition to the Western ones. Ten exchanges from the Federation of Euro-Asian Stock Exchanges, which has 32 members and is governed by IMKB, will be gathered together and connected to Turkey, as well as to the world.