Istanbul Opens New Bourse as Erdogan Seeks to Build Finance Hub
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Prime Minister Recep Tayyip Erdogan took a step toward making Turkey’s financial capital a regional hub, relegating the Istanbul Stock Exchange to history as he rang the opening bell at the new Borsa Istanbul.
The ceremony marked the first trading day at the bourse, which incorporates the 28-year-old Istanbul Stock Exchange with the Istanbul Gold Exchange and the Izmir-based derivatives exchange.