Page 12 - Investing in Borsa Istanbul Markets

6. BISTECH Technology

Borsa İstanbul invests in technology and enhances With the launch of BISTECH System since 2015, maxi-
system infrastructure on an ongoing basis to deliver the mum process capacity reached 100.000 orders per
highest global standards. As a result of the strategic second and the round-trip latency decreased to micro-
cooperation with NASDAQ, all Borsa İstanbul markets seconds. Thanks to internationally known order entry
migrated to BISTECH (based on GeniumINET) to serve and data dissemination protocols of BISTECH, local and
on a common trading platform and execute trade and international investors can access Borsa İstanbul markets
post-trade operations single handedly. much more easily without incurring additional develop-
ment costs.

BISTECH Features:

Low Latency (Under normal conditions <100 microsecond)

Uptime (Continuous trading with system, equipment and location redundancy)
Multi-asset (Equities, derivatives, debt securities and precious metals products are in

the same platform)
Multi-platform (integrated trade, post-trade, risk management, market data, index

calculation, surveillance systems)
Standard Protocols (FIX and OUCH for order entry; ITCH and TIP for market data)

Co-location Service:

Borsa İstanbul Co-location service enables stakeholders to
place their equipment at Borsa İstanbul Data Center
where the market systems of Borsa İstanbul are also locat-
ed. Thereby market participants have the opportunity to
access the system in a faster and more reliable manner.

With its Co-location service Borsa İstanbul aims to reach
variety of market participants including Members,
HFT/Algo firms, Service providers that are seeking the
highest possible access speed.

For further information about co-location
services, business partners, and technical
resources please visit Borsa İstanbul
website.

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