The First Iran-Turkey Capital Market Forum Aimed At Increasing Cooperation Between Borsa Ä°stanbul And Tehran Stock Exchange Will Be Organized On February 29 In Tehran

Following the Memorandum of Understanding (MoU) signed between Borsa Ä°stanbul and Tehran Stock Exchange (TSE) on October 26, 2015, the work starts towards increasing cooperation and closer bilateral relations. Accordingly, the first Iran-Turkey Capital Market Forum will be jointly organized by the two exchanges on Monday, February 29th in Tehran.

The important aspect of the cooperation efforts for Borsa Ä°stanbul involves dual listing of Iranian companies in Borsa Ä°stanbul and TSE. The Forum in Tehran aims to emphasize the willingness of Borsa Ä°stanbul and Turkish Capital Markets to cooperate with Iran.

Turkish delegation led by Borsa Ä°stanbul CEO Tuncay Dinç includes representatives from Capital Markets Board, Turkish Capital Markets Association, intermediate institutions, investment banks, law firms and portfolio management companies. Significant interest for the Forum is anticipated from Iranian intermediate institutions, investment banks and financial consulting companies.

The Iran-Turkey Capital Market Forum is expected to assist in the identification of concrete cooperation areas between capital markets institutions of the two countries and initiate subsequent infrastructure preparation efforts. Borsa Ä°stanbul will deliver presentations on its public offering and trading processes to Iran capital markets institutions and Iranian companies. Additional topics such as Islamic financial instruments and derivatives will be reviewed as well.

A Memorandum of Understanding (MoU) has been signed between Borsa Ä°stanbul and Tehran Stock Exchange on October 26, 2015 during the visit of executives from Tehran Stock Exchange and Securities and Exchange Organization of Iran to Borsa Ä°stanbul. The MoU aims at fostering cooperation and developing mutually beneficial business opportunities for the two exchanges. The MoU between Borsa Ä°stanbul and Tehran Stock Exchange entails exchange of information and expertise, exchange of staff, organization of joint events and development of dual listing opportunities.