ISTANBUL, April 24, 2014 /CNW/ - Today, the developer of leading MetaTrader Forex platforms MetaQuotes Software has announced its participation in FX WORLD ISTANBUL as a technology partner. The event will be dedicated to the development of Forex industry in Turkey and held from 25 to 28 September in Istanbul.
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The conference will be arranged with the assistance of TSPAKB (The Association of Capital Markets Intermediary Institutions of Turkey), TABA (The Turkish-American Business Association), AmCham Turkey (Turkish American Chamber of Commerce), TIM (Turkish Exporters Assembly), BIST (Borsa Istanbul), GYIAD (The Young Businessmen Association), and other NGOs.
The main topic is development of Forex in Turkey. In his speech at FX ASIA event, the FX WORLD Conference organizer, Ceylan Pirinçcioğlu, underlined some important points: "In the world of FOREX, the global daily trading volume has reached 5.3 trillion dollars whereas the Turkish volume is 30 billion dollars, representing 0.6% of the global volume. Particularly to attract regional foreign investors to our country, a number of important changes must be considered in our regulation and taxation system. If we can attract foreign investors for FX, I am sure that they would also invest in Turkey."
Pirinçcioğlu has also highlighted the importance of detailed explanation of the "Leverage System" for the benefit of investors. The maximum leverage allowed in the country currently is set at 1:100 and this ratio indeed creates enormous opportunities as well as risks for investors.
Besides, about 50 representatives of different financial organizations are to speak at the event. MetaQuotes Software will present its latest technologies and software solutions able to solve a number of Turkish Forex issues and facilitate the market development.
The meeting format of FX WORLD ISTANBUL EXPO which will take place on 25 - 28 September 2014 is designed to take place on the same floor in two distinct sections as B2B and B2C. B2B area is only for professionals and will have an exclusive area for any pre-scheduled meetings between liquidity providers, brokers, bridge supporters, technology providers and other service providers to the Forex and derivative brokers. The B2C Expo will be full of action with daily competitions, one to one meetings, happy hours, music time in the lounge and other surprises of the FX Lifestyle.
The company has 14 years of experience in developing MetaTrader platforms for Forex and Stock markets. Currently, the company is a leading solutions provider in the Forex market, while it is actively exploring the stock markets as well. The company offers a number of technological solutions that will be presented at FX WORLD ISTANBUL.
SOURCE: MetaQuotes Software Corp.
For further information: Press Contacts: MetaQuotes Software Corp., firstname.lastname@example.org, +357 25 875134