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