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Sunday, January 12, 2014

Turkey aims for a market reboot - Financial News

Turkey aims for a market reboot

Anna Irrera
13 Jan 2014

Turkey’s plans to boost its local market infrastructure are moving forward. Most recently the Turkish exchange Borsa Istanbul signed a wide-ranging agreement with Nasdaq OMX aimed at overhauling its technology infrastructure. As part of the deal, Nasdaq OMX will take a 5% stake in Borsa Istanbul while giving the Turkish bourse access to its vast suite of trading technologies.

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