Borsa Istanbul
 |
|
| Type | |
|---|---|
| Location | Sarıyer, Istanbul, Turkey |
| Founded | 1866 (as Dersaadet Securities Exchange) December 26, 1985 (as İMKB) April 5, 2013 |
| Key people | Himmet Karadağ (Chairman), Osman Saraç (CEO) |
| Currency | Turkish lira |
| No. of listings | 371 |
| Market cap | $220.620 billion (2014) |
| Volume | $1.292 trillion(2012) |
| Indices | BIST 30 BIST 50 BIST 100 |
| Website | borsaistanbul |
The Borsa İstanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) (Turkish: İstanbul Menkul Kıymetler Borsası, IMKB), the Istanbul Gold Exchange (Turkish: İstanbul Altın Borsası, İAB) and the Derivatives Exchange of Turkey (Turkish: Vadeli İşlem Opsiyon Borsası, VOB) under one umbrella. It was established as an incorporated company with a founding capital of 
423,234,000 (approx. US$240 million) on April 3, 2013, and began to operate on April 5, 2013. Its logo is the traditional Ottoman mark for Istanbul, the tulip. Its slogan is “worth investing”.
Shareholders of Borsa İstanbul are: 49% Government of Turkey, 41% IMKB, 5% VOB, 4% IMKB members, 1% IMKB brokers and 0.3% IAB members. It is planned that all the Government-owned shares will be offered for sale. Among the executives of the nine-member board of directors, which is presided by chairman Himmet Karadağ, are former deputy chairman of ISE Osman Akyüz, former head of VOB Işınsu Kestelli, Merrill Lynch Investment Bank General Manager Hüseyin Kelezoğlu and Chairman of Turkish Association of Capital Market Intermediary Institutions Attila Köksal.
The Istanbul Stock Exchange (ISE) was the only corporation in Turkey for securities exchange established to provide trading in equities, bonds and bills, revenue-sharing certificates, private sector bonds, foreign securities and real estate certificates as well as international securities. The ISE was founded as an autonomous, professional organization in early 1986. It is situated in a modern building complex in the quarter of İstinye, on the European side of Istanbul, since May 15, 1995.
...
Wikipedia