Foreign banks join TurkDex

New angles

pg14-pekel-gif

Foreign banks are looking to expand their presence in Turkey’s derivatives market following the official launch of the country’s derivatives exchange, TurkDex, in February. Deutsche Bank and HSBC have so far gained membership of the exchange, while Citigroup is awaiting approval.

There are now 48 members of TurkDex, including most of the major domestic banks, and 11 more institutions are awaiting approval from the Capital Markets Board, the Turkish regulator.

“We’ve been waiting for this for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: