Speaking at the event, the Chairman of the Executive Board of Borsa Istanbul, Ibrahim Turhan said that after assuming office last year, they began holding talks with international investors in order to make the bourse more active. "We are making serious efforts in establishing strategic cooperation agreements with the world's leading bourses. We are working to have the latest technology and making efforts to sell this technology to third countries," Turhan also stated. Borsa Istanbul (Bourse Istanbul) was registered as sole exchange entity of Turkey on Wednesday. Turkey's Deputy Prime Minister Ali Babacan said the main agreement for "Borsa Istanbul" was registered on April 3, disincorporating Istanbul Stock Exchange (ISE) and Istanbul Gold Exchange (IAB). In a written statement, Babacan stated that the New Capital Markets Law had been published in the Official Gazette on December 30, 2012 and according to that law, "Borsa Istanbul" was established as an incorporated company. Babacan noted that the founding capital for "Borsa Istanbul" was 423 million 234 thousand Turkish lira (TL). He said Ibrahim Turhan would be the chairman of the board while Osman Akyuz, Mustafa Buyukabaci, Seyit Ahmet Iskin, Huseyin Kelezoglu, Isinsu Kestelli, Kamil Attila Koksal, Talat Ulussever ve Meliksah Utku would be the board members.
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