MetaQuotes has already completed the integration of MetaTrader 5 with 9 exchanges, and Borsa İstanbul is its new address. Thanks to this integration, investors will be able to send orders directly to Borsa İstanbul VIOP via MetaTrader 5 from Turkey as well as other countries. MetaTrader 5’s integration with Borsa İstanbul’s Equity Market will be completed in 2016. Officials of Metaquotes, Metatürk and NoorCM, as well as MetaQuotes Software Chairman Renat Fatkhullin, Vice Chairman Gaies Chreis, Borsa İstanbul CEO Tuncay Dinç and Executive Vice President Çetin Ali Dönmez participated in the opening bell ceremony organized on the occasion of the integration. During the ceremony, NoorCM Board Member Jihad Shannak realized the first transaction on Borsa İstanbul.

In her speech at the ceremony, MetaQuotes Software Board Member Marzena Xanthou said, “Upon the establishment of MetaTürk in early 2011, MetaQuotes was able to find a significant place in the sector”, adding, “We believe in the Turkish economy and the development of the capital markets of Turkey. MetaTrader 5 employs the latest technological improvements, and we believe that it will contribute to increasing the traded value and growth of Borsa İstanbul”.

In his speech, Metatürk Finansal Yazılım A.Ş. Chairman Mehmet Yıldız said that they had been working on developing capital markets products since 2011, and went on to say, “In the last five years, numerous intermediary institutions have preferred MetaTrader 4 for integrating with the world markets. We believe that our success will continue at an increased pace with MetaTrader 5”.

NoorCM officials also participated in the opening bell ceremony. NoorCM realized the first trade on Borsa İstanbul VIOP. NoorCM Board Member and CEO Jihad Shannak said in his speech that they are the first Kuwait based intermediary institution in Turkey, adding, “In the Gulf region, we offer MetaTrader 5 to our investors, therefore allowing them to realize VIOP trades on a single screen at a pace 7 times faster than before. As a result of our cooperation with MetaQuotes, which developed MetaTrader, and their Turkey office, we will continue to employ our innovative approach not in Turkey only, but in the Gulf region as well”.

Borsa İstanbul Executive Vice President Çetin Ali Dönmez mentioned that it is possible to send orders to Borsa İstanbul from anywhere in the world, and said that, with around 500 thousand individual users, they hope that MetaTrader 5 will increase the global investors’ interest in the Derivatives Market. Dönmez went on to say, “The volume in the foreign currency market is much more stunning. In the first half of this year, we surpassed the total traded value in foreign currency contracts of last year. We will launch two new products this month. One of them is overnight futures contracts, which will offer hedging opportunities for both the demand and supply sides of the fund market, in an environment of fluctuating overnight interest rates. The other product will be for the real sector. We will offer electronic product futures contracts, and start with wheat”.