Borsa Istanbul has
named OMX Nasdaq as its strategic partner. The highly
anticipated announcement was made on Wednesday July
with IFLR, the Turkish
exchange’s CEO, Dr Ibrahim M Turhan, shared his
hopes for the tie-up and its impact on the
country’s fledgling capital markets.
1. When will Borsa
Istanbul’s strategic partnership be
are planning to come up with a final agreement no later than
the October of this year.
3. What form will this
'strategic partnership’ take? Will it involve an
equity stake in Borsa Istanbul, cross-listings, technology
What we propose in terms of strategic partnership includes a
share swap between partners as one of the main building blocks.
Additionally, there might be other areas of...