Turkey: The Grand Bazaar

Philippe Guillot, CA Cheuvreux

In a bid to get up to speed with the global markets, Turkey is taking steps to attract more algorithmic and high-frequency trading in the region—and foreign investors are already showing interest.

A rule change introduced on October 8 by the Istanbul Stock Exchange allows unconditional intra-session order cancellation, meaning clients can directly cancel or decrease orders without any intermediation from local executing brokers, whereas previously, cancellations required intermediation by the

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