Istanbul Bourse Chairman: Africa Can Have Unified Stock Exchange Soon
On the sidelines of the third day of ASEA’s 16th Annual Conference, Ibrahim Turhan – Chairman and Chief Executive Officer of Istanbul Stock Exchange (ISE) – has asserted that any bourse can enjoy more liquidity and save its expenses through establishing its own technical system without resorting to an IT firm. He said the bourse must have the technical efficiency in order to get their own IT system.
“Sooner or later, African stock exchanges will have a Unified bourse. But they must first provide IT systems with reasonable prices to facilitate the unification process” Turhan added
“African stock exchanges must not spend a lot of money on establishing IT systems as they can save them for educating investors as well as increasing their awareness of the unified bourse concept.”
Meanwhile, the ISE Chairman pointed out that Turkey aims to top the Islamic countries’ economies within the upcoming period stressing its successful expertise in this regard and its national economy growth.
