{"id":90170,"date":"2014-01-04T11:57:38","date_gmt":"2014-01-04T09:57:38","guid":{"rendered":"http:\/\/www.turkishnews.com\/en\/content\/?p=90170"},"modified":"2016-12-28T16:03:46","modified_gmt":"2016-12-28T13:03:46","slug":"nasdaq-to-take-stake-in-istanbul-exchange","status":"publish","type":"post","link":"https:\/\/www.turkishnews.com\/en\/content\/2014\/01\/04\/nasdaq-to-take-stake-in-istanbul-exchange\/","title":{"rendered":"Nasdaq to take stake in Istanbul exchange"},"content":{"rendered":"<p><span style=\"color: #4c4c4c; font-family: Arial, Helvetica, sans-serif; font-size: 22px; line-height: 30px;\">Nasdaq OMX will take a five per cent stake in Turkey&#8217;s stock exchange as part of a partnership deal providing the US firm&#8217;s technology and advisory services.<\/span><\/p>\n<p>The companies on Tuesday, said Nasdaq OMX, which operates the tech-rich Nasdaq Stock Market, would bring its most advanced suite of technologies and advisory services to Borsa Istanbul to build a &#8220;world-class capital markets hub&#8221; for the Eurasia region.<\/p>\n<p>In exchange, Nasdaq OMX will take a five per cent shareholding in the Istanbul exchange and in addition receive &#8220;a series of cash payments&#8221;.<\/p>\n<p>Nasdaq OMX has an option to increase its stake by an additional two per cent.<\/p>\n<p>The partnership also opens the possibility of Borsa Istanbul taking a minority position in Nasdaq OMX.<\/p>\n<p>&#8220;We are pleased to be working side-by-side with Borsa Istanbul as they evolve toward becoming an international hub that will attract global investors to the Eurasia region,&#8221; said Bob Greifeld, chief executive of Nasdaq OMX.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq OMX will take a five per cent stake in Turkey&#8217;s stock exchange as part of a partnership deal providing the US firm&#8217;s technology and advisory services. The companies on Tuesday, said Nasdaq OMX, which operates the tech-rich Nasdaq Stock Market, would bring its most advanced suite of technologies and advisory services to Borsa Istanbul [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":66059,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[846],"tags":[8135,6175],"class_list":["post-90170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nasdaq","tag-the-istanbul-stock-exchange"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/90170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=90170"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/90170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/66059"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=90170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=90170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=90170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}