Institutional investors can now trade Turkish listed securities through institutional trading network Liquidnet’s platform.
Liquidnet provides more than 700 institutional investors with access to 40 equity markets.
It has already introduced equities trading in Indonesia and Malaysia. Turkish equity trades will be executed through Liquidnet’s local broker on the Istanbul Stock Exchange.
Per Lovén, the head of corporate strategy for Liquidnet Europe, said: “The Turkish economy has shown strong signs of growth despite global macro volatility, capturing the interest of portfolio managers globally. As Turkey continues on its path to becoming a regional financial powerhouse, institutional investors looking to unlock value in Turkish growth companies will now be able to source large-scale liquidity in those equities, with minimal market impact, through our trading network.”
“Turkish equities are attractive from an investment perspective, and the addition of a new market to Liquidnet is welcomed as the ability to trade Turkish equities anonymously, in block size, is a favourable solution”, said Mandy Pike, the global head of equity dealing at Aberdeen Asset Management.
