A meeting was held in Bosnia and Herzegovina on the occasion of the introduction of the future contracts written on the Sarajevo Stock Exchange's (SASE) price index SASX-10 for trading on Borsa İstanbul Derivatives Market (VIOP).
Borsa İstanbul Chairman & CEO Dr. İbrahim M. Turhan said they view the Sarajevo Stock Exchange as a "strategic partner"; adding, "We are ready to share our knowledge and experience with them".
Borsa İstanbul Chairman & CEO Dr. İbrahim
M. Turhan participated in the meeting held in Bosnia and Herzegovina on Monday,
December 22, 2014 on the occasion of the introduction of the future contracts
written on the Sarajevo Stock Exchange's price index SASX-10 for trading on
Borsa İstanbul Derivatives Market (VIOP). SASX-10 consists of 10 equities
traded on SASE.
At the joint press meeting held following the program, Dr. Turhan said that the
cooperation between Borsa İstanbul and SASE has produced given its first
tangible result, adding, "Futures contracts on SASX-10 Index will be traded on
Borsa İstanbul from now on".
Reminding the audience that Turkey is the sixteenth largest economy of the
world, and that it will be the leader of G-20, Dr. Turhan went on to say that
Borsa İstanbul is the largest exchange of the region.
Emphasizing that they view SASE as a strategic partner, and that they are ready
to share their knowledge and experience with SASE, Dr. Turhan said, "This
partnership will be long-term; just as our partnership and friendship with
Bosnia and Herzegovina."
"The Cooperation will open up SASE to Global Investors"
SASE CEO Tarik Kurbegoviç said that the project with Borsa İstanbul is only one
example of the intensive and concrete cooperation between the two exchanges.
Tarik Kurbegoviç underlined the importance of the introduction of the futures
contracts on SASX-10 Index for trading on Borsa İstanbul VIOP.
Borsa İstanbul Marketing and Sales Unit Serhat Görgün said that the connection
between Borsa İstanbul and SASE will not only strengthen, but will also open up
SASE to global investors.
SASE Head of Inspection Board Ziyad Blekiç said that the cooperation between
the two exchanges will continue to strengthen in the future, adding, "Borsa
İstanbul is a leading exchange, and their support is dear to us".
Futures contracts on SASE SASX-10 Index, denominated in TRY, have been traded on VIOP since December 15, 2014.