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Turkey
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Brokers
GCM Forex Launches MT5 as Turkish Brokers Embrace Industry Shift
GCM Forex has become the latest Turkish broker to support the MT5 platform.
Monday, 26/06/2017 | 10:02 GMT
by
Jeff Patterson
Regulation
Turkish Regulator to Prosecute Four People Related to Özbey Financial
Turkish CMB to pursue a criminal complaint against Fayik Özbey, Hüsrev Özbey, Hakan Özbey and Mesut Çelik.
Monday, 29/05/2017 | 08:34 GMT
by
Avi Mizrahi
Technology
MetaQuotes Opens Representative Office in Bulgaria Led by Emre Peser
The developer of the MetaTrader trading platform suite is launching an IT consultancy in Bulgaria
Tuesday, 02/05/2017 | 17:49 GMT
by
Victor Golovtchenko
Brokers
USDTRY Gaps Lower 2.5% After Erdogan Wins Turkish Referendum
The Turkish lira rallied in the immediate aftermath of the big win for President Erdogan
Monday, 17/04/2017 | 07:54 GMT
by
Victor Golovtchenko
Brokers
Exclusive: XTB’s CEO Omar Arnaout Goes in Depth to Explain XTB’s Plans
Omar Arnaout elaborates on the challenges of operating in Turkey, industry consolidation and regulatory challenges
Thursday, 13/04/2017 | 10:44 GMT
by
Damian Chmiel
Brokers
Constitutional Referendum in Turkey Prompts Broker Caution on Turkish Lira
The Turkish lira is facing a major political risk on Sunday as the country goes to the polls.
Wednesday, 12/04/2017 | 11:12 GMT
by
Victor Golovtchenko
Regulation
“Turkey’s New Forex Regulations are Unlawful with Respect to Open Positions”
Turkish legal expert Akın Abbak explains some of the problems caused by the abrupt regulatory changes to the market.
Tuesday, 21/03/2017 | 09:59 GMT
by
Avi Mizrahi
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Regulation
Bullion Firm Özbey Precious Metals Reportedly Kicked Out of Borsa Istanbul
Sources in Turkey speculate that the decision was made due to illegal forex transactions by the firm.
Thursday, 16/03/2017 | 10:17 GMT
by
Avi Mizrahi
News
Gedik Yatirim and Devexperts Launch a Turkish Equities Trading Platform
The new platform is tailored specifically for the Turkish market, covering stocks and futures listed on Borsa Istanbul.
Wednesday, 15/03/2017 | 14:32 GMT
by
Avi Mizrahi
Brokers
XTB Might Leave Turkey Over New FX Limitations, More to Follow?
Harsh new restrictions on forex trading are forcing brokers to reconsider their operations in Turkey.
Tuesday, 14/02/2017 | 10:21 GMT
by
Avi Mizrahi
Regulation
Exclusive: Turkish Forex Industry Takes Action Against Crippling New Regulations
Professional forex traders as well as brokerages employees object to the harsh new limitations on FX in Turkey.
Monday, 13/02/2017 | 09:51 GMT
by
Avi Mizrahi
Regulation
Exclusive: Turkey Cuts Forex Leverage to 1:10, Hikes Minimum Deposits
Turkish authorities are taking dramatic action against clients of forex trading services in the country.
Friday, 10/02/2017 | 10:41 GMT
by
Victor Golovtchenko
Executive Moves
Exclusive: Turkey’s Gedik Investment Adds Anil Abbak as MD of FX
Abbak joins from Tacirler Investment and is tasked with expanding the firm's FX offerings.
Monday, 19/12/2016 | 08:43 GMT
by
Finance Magnates Staff
Execution
Borsa İstanbul Inks MoU With Islamic Development Bank
The Borsa looks shore up regional cooperation, with Turkey playing a paramount role in finance in the Middle East.
Friday, 25/11/2016 | 20:53 GMT
by
Jeff Patterson
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Analysis
Bosphorus Bridge Over Troubled Water: What’s Next for Turkey’s FX Industry?
The Turkish FX industry has quickly evolved following Erdoğan’s efforts to turn Turkey into regional financial hub.
Wednesday, 23/11/2016 | 15:10 GMT
by
Sylwester Majewski
Analysis
Nigeria, Thailand and Egypt Among Top Sources for International FX Traffic
Finance Magnates Intelligence Department presents the top sources for brokers' English sites including a few surprising markets.
Tuesday, 08/11/2016 | 07:59 GMT
by
Avi Mizrahi
Regulation
Venbey Yatırım Fined Over $110K by Turkish Capital Markets Watchdog
Turkish forex broker Venbey Yatırım is fined after an on-site inspection by the local authorities.
Tuesday, 18/10/2016 | 14:08 GMT
by
Avi Mizrahi
Brokers
Armed Clients Storm Turkish Forex Broker, Face Decades in Jail
A number of the armed men that allegedly raided the broker are members of Turkish exchange Borsa Istanbul.
Sunday, 02/10/2016 | 11:01 GMT
by
Avi Mizrahi
Blogs
Turkish Downgrade Sets the Stage for Deeper Economic Malaise
Erdogan works to cement his political position and crack down on dissent; the economic ramifications could be enormous.
Thursday, 29/09/2016 | 07:11 GMT
by
Idan Levitov
Regulation
AK Investment’s Analyst Lost his License Over Turkish “false flag” Theory
Ulker outlined various scenarios of who was behind the Turkish military coup, but this could lead him to prison.
Wednesday, 27/07/2016 | 15:35 GMT
by
Aziz Abdel-Qader
Brokers
Brokers Start to React to Turmoil in Turkey, Limiting Turkish Lira Trading
With the political instability in Turkey causing volatility brokers are trying to mitigate risk of TRY pairs.
Monday, 18/07/2016 | 08:52 GMT
by
Avi Mizrahi
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Analysis
Get Ready for TRY/USD Volatility as Turkish Lira Takes a Dive
The Turkish lira suffered the biggest one-day drop in years following the alleged failed coup attempt in the country.
Sunday, 17/07/2016 | 12:08 GMT
by
Avi Mizrahi
Payments
PayPal Suspends Activities in Turkey Following Regulatory Impasse
PayPal is suspending all its activities in the country on June 6 following a new rule from Turkish regulators.
Tuesday, 31/05/2016 | 14:25 GMT
by
Jeff Patterson
Brokers
Turkish Bank Subsidiary AK Investment Adds Trading Central to Client Offering
AK Investment adds Trading Central to bring research tools to its clients.
Wednesday, 11/05/2016 | 10:10 GMT
by
Steven Hatzakis
Executive Moves
Former Saxo Executive Egemen Kaya Joins Alnus Yatırım as its CEO
Following a thirteen year tenure with Saxo Bank, Egemen Kaya has parted ways with the Danish broker to join Turkish FX broker, Alnus Yatırım
Thursday, 04/02/2016 | 11:23 GMT
by
Jeff Patterson
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