Within the framework of the “Cooperation Among Securities Markets” project of the Southeast European Cooperative Initiative (SECI), initiated by the Turkish Capital Market Board and Istanbul Stock Exchange, another meeting was held in Athens, Greece on December 19, 2001 with the participation of Istanbul Stock Exchange and Athens Stock Exchange top level executives.
The key issue on the agenda was the interlink of two stock exchanges to operate in the year 2002, so that investors of the two countries are in a position to monitor both markets in real time and trade securities.
Working groups from both exchanges examined issues regarding technical links, regulatory environment, trading and settlement procedure and decided to continue working on the project towards the target date of mid 2002.
The project includes participation of other South East European Securities Markets following the linkage between Istanbul and Athens Stock Exchanges, which are the largest in trading volume.
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