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BDDK (Banking Regulation and Supervision Agency) issues new permits to some banks and financıal institutions | 28.09.2008 / Hürses

Banking Regulation and Supervision Agency’s decisions regarding Is Bank, Albaraka Turk Participation Bank, Akbank, Merrill Lynch Securities Co., a participation of Merrill Lynch, and Nurol Investment Bankch Investment Bank Co., GSD Investment Bank has been published in the Official Gazette’s 23.09.2008 issue. With this decision, the Agency authorizes Nurol Investment Bank Co. to buy and sell economic and financial futures, to act as brokers for buying and selling economic and financial futures, to buy and sell capital markets instruments futures, and to act as brokers for buying and selling capital markets instruments futures. Among the transaction permits issued to the Bank by the Agency are to buy and sell commodity futures – to act as brokers for commodity futures, to buy and sell precious metals futures – to act as brokers for buying and selling precious metals futures, to buy and sell currency futures, to buy and sell economic and financial options, and to act as brokers for buying and selling economic and financial options, to buy and sell capital markets options, to act as brokers for buying selling capital markets options, to buy and sell commodity options – to act as brokers for buying and selling commodity options, to buy and sell precious metals options – to act as brokers for buying and selling precious metals options, to buy and sell currency options, and to buy and sell ordinary or sophisticated financial instruments having more than one derivative and based on economic and financial indicators, capital markets instruments, commodities, precious metals and currrencies. ” Ankara, a.a) ….

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