Tagged: istanbul

September 9, 2023 @ 3:20 pm By Omar Faridi  |  

Faruk Fatih Özer, the former Chief Executive of collapsed Turkey-based cryptocurrency exchange Thodex, has reportedly been sentenced to 11,196 years in prison on Thursday (September 7, 2023). Stealing around $2 billion from his clients led to the CEO of one of Turkey’s biggest virtual currency… Read More

August 14, 2022 @ 11:49 am By Omar Faridi  |  

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for financial markets, recently announced new optimized routes on its network to Istanbul (Bursa Istanbul), Riyadh (Saudi Stock Exchange, Tadawul) and Tel Aviv (Tel Aviv Stock Exchange, TASE). These routes should help with encouraging… Read More

August 12, 2022 @ 4:51 pm By Omar Faridi  |  

Transaction Network Services (TNS) is now connected to Borsa Istanbul (BIST) as a market data vendor. Opening up access to Turkey’s sole exchange with order routing and market data connectivity to the BIST matching engine in Istanbul “allows TNS’ customers to capitalize on trading activities… Read More

January 3, 2022 @ 10:44 pm By Omar Faridi  |  

The Istanbul Financial Center (IFC) has been able to attract many Fintechs during the past year. Turkey‘s Fintech industry has continued to develop with over $64 million in total investments being channeled towards various initiatives, according to an official report cited by the Daily Sabah…. Read More