CameronTec Group, the global standard in financial messaging infrastructure and tools for the Capital Markets industry, today announced leading Turkish Broker, Oyak Securities, has selected the Catalys FIX gateway to connect to Borsa Istanbul’s markets.
As the transformation of Turkey’s financial markets continues, leading local Brokers such as Oyak Securities are investing in new technology to maintain and grow their business. Following Borsa Istanbul’s trading platform upgrade leveraging the FIX Protocol; Brokers are in turn upgrading their connectivity for the most efficient access to the Exchange’s new trading platform.
Founded in 1982, Oyak Securities is today the longest standing independent Brokerage business in Turkey. Oyak offers market participants dedicated, high performance DMA and order routing access to Borsa Istanbul, servicing multiple market segments including Equities, Derivatives, Mutual Funds, Fixed Income and Foreign Exchange.
As providers of the globally acknowledged FIX technology standard, CameronTec Group is well positioned to supply Oyak Securities and the broader Turkish market with superior connectivity solutions that are fully certified by Borsa Istanbul. The suite of CameronTec products selected by Oyak includes Catalys connectivity technology, Business Adapters, High Availability and the Dashboard monitoring tool.
Johan Feinberg, VP EMEA for CameronTec Group says: “In response to increasing interest in Turkey’s financial markets, Brokers such as Oyak Securities are under greater pressure to invest and leverage proven technologies. CameronTec is pleased to be working with Oyak Securities, one of Turkey’s leading Brokers already serving institutional customers in more than 12 countries.”
Erden Emanet, Director Institutional Sales at Oyak Securities says: “Oyak Securities is working with CameronTec to offer its customers market leading FIX connectivity, with enhanced capabilities for more effectively managing all order and data flow.”
At the core of CameronTec technology is a unique understanding of the FIX world that comes from a concentration of the world’s largest FIX deployments. With a host of industry-firsts, Catalys and CameronFIX provide unprecedented levels of flexibility and innovation that firms need to sustainably differentiate in today’s markets.