NASDAQ OMX, Borsa Istanbul Sign Partnership Agreement

The NASDAQ OMX Group

and Borsa Istanbul have signed a partnership agreement today, 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. "This is a notable milestone for Borsa Istanbul, as well as for Turkey, the surrounding region and the whole exchange industry," said Dr. Ibrahim M. Turhan, Chairman and CEO of Borsa Istanbul.  "Our objective is to position Borsa Istanbul as a leading integrated multi-asset exchange, and to provide a cutting-edge platform serving issuers, investors, and traders globally. We are delighted by this partnership with such a powerful global brand, which