Wednesday July 3 2013
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: http://ir.nasdaqomx.com/releasedetail.cfm?ReleaseID=775122
The NASDAQ OMX Group and Borsa Istanbul have signed a partnership agreement, which aims to expand Borsa Istanbul`s global presence, while substantially strengthening Istanbul`s position as a regional hub for capital markets. Borsa Istanbul will integrate and operate NASDAQ OMX`s suite of world-class market technologies for trading, clearing, market surveillance and risk management, covering all asset classes including energy contracts. Further, the two companies will actively collaborate in the region. This strategic partnership points to a long-term commitment which would benefit member firms and customers of both exchanges.
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