ISTANBUL, Oct. 6, 2015 /CNW/ - The official ceremony marking the MetaTrader 5 integration with the Middle East's largest exchange Borsa Istanbul (BIST) is taking place today in Istanbul. During the event, one of the key Turkish brokers Noor Capital Markets has sent a request for the first futures contract via the MetaTrader 5 trading platform. This means that traders working with BIST financial instruments are now able to use the powerful platform with loads of built-in services.
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The ceremony is attended by key industry players - CEOs, IT directors and top managers of 60 brokerage companies from Turkey and other Middle Eastern countries. Such interest stems from the trading platform features which significantly expand the portfolio of services offered by brokers. MetaTrader 5 provides traders with the widest range of tools for trading (both conventional and algorithmic one) and technical analysis.
"We target to provide our investors the opportunity to do the Forex and the VIOP transactions 7 times faster by providing them MetaTrader 5 also in the Gulf Area where we are established. With the cooperation of MetaQuotes who developed MetaTrader and the Turkish office, we will be moving on transferring our innovative act through the investment market technologically both in Turkey and the Gulf Area," says Jihad Shannak, General Manager of Noor Capital Markets at the occasion.
"This is an important event both for our company and the Middle Eastern markets," adds Mehmet Yildiz, Head of MetaTurk Finansal Yazilim. "We are glad that our developments spark interest among the key players in the region, and we are interested in further strengthening our positions here. We are grateful to Noor CM for cooperation."
About MetaQuotes Software
Established in 2000, MetaQuotes Software Corp. has been developing trading platforms for financial markets under the MetaTrader trademark. The organization is internationally known as a leader in the financial software market. MetaTrader trading platforms are currently offered by more than 750 brokerage companies and banks all over the world.
About Noor CM
NoorCM-Kuwait is a service provider of Amwal International Investment Company KSCC, one of the most respected Investment and financial companies in the region. Amwal specializes in private equity, financial services and development projects in MENA region, headquartered in Kuwait City. Amwal is a public listed company on the Kuwait Stock Exchange and is licensed by the Central Bank of Kuwait.
Borsa Istanbul (BIST) is the sole exchange entity of Turkey. It was formed in April 2013 through combining Istanbul Stock Exchange (ISE), Istanbul Gold Exchange (IGE) and Derivatives Exchange of Turkey. As of the end of September 2013, its total market capitalization comprised $0.224 trillion, while the average monthly traded volume reached $36 billion for the 9 months of 2013 and the number of issuing companies comprised 219.
Borsa Istanbul (BIST)
SOURCE MetaQuotes Software Corp.