Newsletters
President Recep Tayyip Erdogan said Thursday that Türkiye's stock exchange, Borsa Istanbul, is steadily advancing toward becoming one of the leading market infrastructure providers for both Türkiye and its surrounding region, driven by efforts to digitalize operations and expand sustainable and participation-based financial products.
In his video message to the 64th Annual General Meeting and General Assembly of the World Federation of Exchanges (WFE), Erdogan said these initiatives are strengthening the global competitiveness of Türkiye’s capital market ecosystem.
Established in 1985 as the Istanbul Stock Exchange, Borsa Istanbul serves as Türkiye’s sole exchange institution, unifying the country’s stock, gold, and derivatives markets under one structure. The total market capitalization of its listed companies currently stands at ₺14.5 trillion ($345.47 billion).
Erdogan noted that Türkiye is pursuing a comprehensive economic program aimed at sustaining balanced and inclusive growth, enhancing industrial production capacity, and ensuring lasting financial stability. He said the financial sector is central to these goals, with growing market depth, product diversity, and accessibility contributing to stronger capital markets.
"Türkiye continues to implement policies that align profitability with broader social and environmental responsibility," Erdoğan said, adding that Borsa Istanbul’s progress reflects this vision.
The president also warned that illicit financial activities, including money laundering and manipulative trading, erode trust in global markets. He stressed the need for international cooperation to improve transparency, oversight, and information-sharing frameworks among regulators and exchanges worldwide.
Erdogan added that closing the global wealth gap requires a financial system that promotes inclusiveness and equitable growth, saying Türkiye is ready to share its institutional experience to help shape more resilient financial structures globally.
Erdogan praised Borsa Istanbul’s active role in the federation’s activities, describing its engagement as a contribution to both Türkiye’s financial transformation and global market development.
Hosted by Borsa Istanbul from Oct. 21 to 23, the WFE annual meetings gather around 250 senior representatives from more than 90 countries. Alongside the general assembly, the WFE Board of Directors and Working Committee are holding parallel sessions in Istanbul.
1 min read
4 min read
