German bourse eyes stock market in Istanbul

Deutsche Borse Corporate Affairs Deputy President Frank Herkenhoff stated that the German bourse had an understanding to build a successfully strategic partnership with the stock market in Istanbul. Herkenhoff also said that they were closely interested in the Turkish government's efforts to make Istanbul an international finance center. Some media reports have previously claimed that information technologies (IT) departments of leading global stock exchanges including the Deutsche Borse, Nasdaq, the London Stock Exchange, the Chicago Mercantile Exchange-CME and The New York Stock Exchange (NYSE) were interested in forming international partnerships with Borsa Istanbul for information technologies infrastructure equipment.