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Athens News Agency: News in English, 08-07-23

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Greek, Turkish stock markets meet

  • [01] Greek, Turkish stock markets meet

    The president of the Athens Stock Exchange and chief executive of Hellenic Exchanges, Spyros Kapralos, on Wednesday met with a delegation from Takasbank, the clearing and settlement agency of the Turkish market, headed by Huseyin Erkan, chairman of Takasbank, and president and chief executive of Istanbul Stock Exchange (ISE).

    During the meeting, the two sides presented their structures and operations, while a broad discussion was made over changes in trading practices and in the stock market sector, globally.

    The meeting offered the chance to Takasbankâs and Hellenic Exchangesâ representatives to examine ways of further broadening their cooperation, and also to launching a joint stock market index between Athens and Istanbul, aimed at creating a joint ETF to be traded in both markets.

    Karpalos said the stock market sector was rapidly changing and stressed that Turkey was a large market in the area with great prospects and strong growth rates. ?Cooperation, both in stock market and depository levels, could only have positive effects to the growth of both markets,? he said.

    Mr Erkan said that the prospect of cooperation between ASE and ISE would create new investment opportunities, boosting liquidity and strengthen both countriesâ markets. The cooperation prospect will be discussed during a new meeting to be held in Istanbul.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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