Turkey's IS Investment joins Marco Polo network

Source: Marco Polo

IS Investment ( ISMEN ), the leading investment house in Turkey has today announced that it has joined Marco Polo Network, the largest independent platform for electronic trading into and out of global emerging markets.

IS Investment is the largest investment house in Turkey and is ranked first in terms of transaction volumes on both the Istanbul Stock Exchange (ISE) and Turkish Derivatives Exchange (TurkDEX), executing approximately 60,000 futures and stock DMA orders every day. It will now extend its Direct Market Access (DMA) and Electronic Desk Access (EDA) services to Marco Polo's global community of Emerging Markets investors.

Serkan Aran, Head of Cash and Futures Trading at IS Investment said: "We differentiate ourselves from the competition through innovation and initiating new products and services, and we are committed to being the forerunner in the development of Turkish capital markets. The role of electronic trading is set to expand significantly in Turkey, and we will lead the way and work as the innovative force behind it. By partnering with Marco Polo, we will offer our execution capabilities coupled with very strong expertise across the Turkish capital markets to both buy-side and sell-side firms on that network. We believe that Turkey and its capital markets will come to the forefront among other emerging markets. MPN has an extensive global footprint and we think that the partnership will bring the investment opportunities of Turkish capital markets within reach to an untapped community of investors and enable us to provide a new and efficient gateway for our customers to take advantage of IS Investment's DMA services."

Andreas Prochazka, Vice President of Sales & Marketing at Marco Polo Europe, based in Vienna, stated: "We're delighted to increase our network of technologically advanced brokers in the Emerging Europe/Middle East region by a key player in Turkey. IS Investment, a large and robust broker and part of Turkey's largest private bank, will open many opportunities to our global customer base. We believe that providing investors with DMA will be the key competitive advantage as global brokers and buy-side clients seek more transparrency and control in the trading process. Our broker partners worldwide appreciate the breadth of our buy-side connectivity and Marco Polo's services in the trading process that go far beyond connectivity monitoring. Different from other networks our business model is closely aligned with our clients' as shown by our success-based pricing and cooperation in developing capital markets."

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