FEAS Yearbook FEAS Yearbook 2015 | Page 49

ANNUAL REPORT 2015 FEDERATION OF EURO-ASIAN STOCK EXCHANGES BORSA İSTANBUL Year 2014 has been a successful period for Borsa İstanbul during which we achieved strong results in terms of traded value, further enlarged our product mix and established new linkages with global exchanges and institutions to become a point of attraction in the region. Mr. Tuncay Dinç CEO Year 2014 has been a successful period for Borsa İstanbul during which we achieved strong results in terms of traded value, further enlarged our product mix and established new linkages with global exchanges and institutions to become a point of attraction in the region. Despite increased volatility in emerging markets, our market capitalization was up by 14% to USD 270 billion in 2014. Moreover, Borsa İstanbul ranked 7th among developing markets with its USD 399 billion equity traded value while USD 3.5 billion turnover in fixed income markets made Borsa Istanbul world’s 5th biggest bond market. In 2014, we also witnessed a new record in corporate bonds as well. While the number of issues was 517, total value rose to USD 30.3 billion, which shows that our diversifying product range has started to pay off. Borsa Istanbul has also continued to extend the services and products it offers. To facilitate the access of early-stage companies to much needed funds, we introduced Private Market where qualified investors can meet start-up companies. Dollar/TRY currency option contracts and mini index option contracts are now traded on Borsa * incl. unlisted equities In 2014, Borsa İstanbul has taken a significant step to open its doors to global investors as well. We cooperated with London Stock Exchange Group for the trading of BIST derivatives in London and index partnership which will contribute significantly to our derivatives volume and brand value. “ Borsa İstanbul was very active during the year 2014. key HigHligHts Of tHe year Companies and market capitalization* Number of traded companies Domestic companies Foreign companies Number of new listings - equities Number of new listings - corporate debt instruments Domestic market capitalization (USD million) Trading Value of share trading (USD million)* Number of share trades (thousand)* Value of bond trading (USD million) Number of bonds trades (thousand) Indices BIST 100 (Broad, USD) BIST 30 (Blue chip, USD) Istanbul to strengthen our position as a financial supermarket. 31.12.2013 31.12.2014 438 437 1 19 330 237,641 437 436 1 13 517 269,799 431,272 198,857,864 3,624,007 1,397.4 399,145 207,100,459 3,493,312 1,466.0 1,853.3 2,253.62 2,145.2 2,656.41 ” • During 2014, Borsa İstanbul signed agreements with Karachi Stock Exchange, the European Trade Association for Business Angels, Seed Funds and Other Early Stage Market Players and Business Angels Association - Turkey and The World Diamond Mark® Foundation. • Borsa İstanbul began to offer new instruments and practices in 2014. USD/TRY currency option contracts and Sarajevo Stock Exchange SASX 10 Index Futures were introduced. BIST Sustainability Index began to be calculated. • Management of Public Disclosure Platform, which allows traded companies and investment firms to disclose information, was transferred to Central Securities Depository. • Borsa İstanbul’s new platform, Private Market started to operate in November. It is a web-based and member-based platform bringing companies and investors together for trading shares without going public. ABOUT BORSA İSTANBUL Established: 1985 Chairman: Talat Ulussever, Ph.D. Address: Reşitpaşa Mahallesi Tuncay Artun Caddesi 34467 Sarıyer Emirgan İstanbul, Turkey Contact name: Alpay Aykut E: [email protected] W: www.borsaistanbul.com FULL MEMBERS 47