FEAS Yearbook FEAS Yearbook 2014 | Page 13

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT APRIL 2014 with more than US$ 9 billion total deal size - a number rendering the Company as the leading investment bank as per the M&A league rankings. • BIST Foreign Securities Market leader among brokerage houses, with US$ 135.2 million trading volume and 0.2% market share. Also known with its pioneer role and innovative reputation in the sector with new products and market tools; IS Investment launched the first hedge fund in Turkey, in November 2008. IS Investment has been the first local investment house to issue warrants, IS Warrants were listed in Borsa Istanbul Warrant Market in December 2010. Moreover, offering its corporate bills in April 2012, IS Investment is the first investment house in Turkey that issued its own debt instruments. Recently, IS Investment performed the first public TL sukuk issue from a corporate issuer, marking the opening of the TL domestic sukuk market for corporate issuers. Since its establishment, IS Investment’s International Capital Markets Division has been providing direct access to financial markets around the globe through its extensive counterparty network. Dedicated assistance by the industry’s top professionals have allowed IS Investment’s clients to have a better understanding and a broader view of investment products to achieve their goal of a well-diversified portfolio. IS Investment has won several awards, including in the category of Euromoney Awards for Excellence “Best Equity House“ in 2007 and 2008, “Best M&A House” in 2009, and “Best Investment Bank” in 2010 and 2011. IS Investment was given “Financial Advisor of the Year in Turkey” award by FT/mergermarket in 2010; and “Best Investment Bank in Turkey” award by EMEA Finance in 2011 and 2012. IS Investment was also given the prize in “The Company with the Highest Rating Score in Board” category by Corporate Governance Association of Turkey (TKYD). IS Investment was deemed for 5 consecutive years “Turkey’s Most Admired Investment House” according to the results of Turkey’s Most Admired Companies Survey from Capital magazine. In addition to those, IS Investment was selected one of the best ethic companies in Turkey by Turkish Ethics Values Center Foundation (EDMER). In 2012 IS Investment is… • BIST Equity Market leader, with US$ 52.7 billion trading volume and 7.6% market share. • TurkDEX Market leader with US$ 66.3 billion trading volume and 14.8% market share. • Securities L/B Market leader with US$ 1.1 billion trading volume and 33.2% market share. • BIST Debt Securities Market Outright Purchases and Sales Market, place third among brokerage houses with US$ 6.4 billion trading volume and 12.4% market share. As a direct consequence of the unconventional measures taken by the major central banks, global markets continued their steady recoveries through 2012, reaching closer to their pre-Lehman crisis levels. However, as the sentiment towards the economic data continued to be fragile throughout 2012, investors remained on alert with their confidence towards the markets still hang by a thread. As there is no risk free country in the World set by the examples in the European Union Member Nations and the United States losing its prized AAA rating, once again we were reminded the importance of diversification. Thus, availability of alternative investment tools for individual investors has become crucial in order to benefit from such volatile movements and reduce the portfolio risk. Due to the extensive global markets coverage by a team of professionals, and a wide array of investment products, IS Investment’s clients continue to position themselves at the right place at the right time. IS Investment has been investing heavily on improving product mix in order to satisfy the needs and spread out the portfolio risks of its clients. As the on-going developments globally continue to be on the foreground of investor’s attentions, IS Investment has already had an ever increasing activity in these markets. IS Investment has direct market access capabilities through the major equity and derivative exchanges around the World and also has execution facilities to emerging markets like in Middle East and CIS region. In equity markets, IS Investment’s activities are not only limited to secondary market trading as we also provide means for its clients to participate in primary issues all around the World and chance to invest through options rather than directly in cash markets. In fixed income markets, IS Investment was rated as one of the top Turkish financial institution based on the transactions booked outside the exchange while being awarded the Co- Manager position in Is Bank’s US$ Eurobond and Republic of Turkey’s first Sukuk issuance. With a counterparty network of more than a hundred institutions around the World, not only IS Investment’s concentration relies purely on Turkish Eurobonds, but also on high grade credits as well as credits from emerging market economies like Kazakhstan, Brazil, Russia. Even though the markets continued their recovery mode in full swing, events like the US election created market volatility which kept the opportunities knocking while increasing the appetite towards exchange-listed derivative instruments. In order to facilitate its clients’ needs for these leveraged instruments, IS Investment launched TradeMaster International in the beginning of 2007, which is giving execution capabilities in major equity markets and more importantly in futures markets like CBOT and CME. Also, through IS Investment’s experienced traders, corporate clients can access London Metal Exchange (LME) and the Baltic Exchange in order to hedge their physical market exposures. Recent trends within the industry have facilitated leveraged Forex trading to be regulated by the Turkish Capital Markets Board. Upon validation of statutes, IS Investment became one of the first financial institutions with a market-making license to provide leveraged Forex trading capabilities to its retail and corporate clients. As a result, IS Investment officially launched TradeMaster FX (TMFX) trading platform at the beginning of 2012, quickly becoming the undisputed market leader in terms of volumes traded. Rating ourselves by far as the top Turkish institution in international capital markets, not only IS Investment will work on improving its abilities in organized exchanges around the World, but also will pursue to provide access to opportunities in emerging economies to its clients whom IS Investment made believe the importance of diversification with a little kick in it. * market share as of 31st of December 2012 CONTACT INFORMATION IS INVESTMENT Is Kuleleri, Kule-2 Kat: 12, 4. Levent 34330 Istanbul-Turkey Tel: [phone] Fax: [phone] www.isyatirim.com.tr / www.isinvestment.com For International Capital Markets Contact Name Mr. Ilkay Dalkilic Tel. [phone] E-mail [email protected] For Turkish Capital Markets Contact Name Mr. Serkan Aran Tel. [phone] E-mail [email protected] For Almaty/Kazakhstan Rep. Office Contact Name Mr. Samad Azimov Tel. [phone] E-mail [email protected] PAGE 13