Istanbullish About FX! Forex Magnates to Host its First Turkey FX Conference in April

As the FX industry is rapidly becoming global, fascinating new locations rise as nerve centers for the FX industry, each with its own specific set of strengths. One such location is Turkey, which is set to be the location for a dedicated Forex Magnates Conference due to take place in exactly two months, on April 4 and 5 this year. The event, a joint project by Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates and ConversionPros, is aimed at both the industry as well as traders, with agenda and activities catering to both groups' needs.

Turkey has risen to prominence as a respected region in which to do business for FX market participants over a relatively short space of time. Initially, national interest in FX began just less than five years ago when the nation did not have a defined regulatory structure.

Structured Bridge between East and West

Nowadays, things are somewhat different, with a stringent, government supervised regulatory structure specific to FX, a series of technology companies providing infrastructure and systems to the FX industry, high-quality derivatives exchanges and a host of brokers which are continuing to make their mark as successful enterprises.

With this considerably refined industry structure now in place, Turkey is viewed as a strategically significant region as it allows practical access to Western venues and advanced technology, and yet is ideally positioned to serve Eastern European client bases in surrounding nations which are experiencing growth in their economies.

Keen Domestic Market

As a nation with a population of 75 million, which has recently experienced rapid development in terms of its financial markets economy, the domestic market is very important. For this reason, the Forex Magnates Conference in Istanbul will span two days, with events on April 4 encompassing the familiar business-to-business formula of Forex Magnates' events worldwide, giving way to a world-first for Forex Magnates, in the form of a business-to-customer focus on April 5.

The business-to-customer event will be hosted by FXStreet, and seeks to garner interest across a wide spectrum of the world's FX traders and companies alike, as well as giving them the chance to interact and for customers to actually see the industry participants themselves as not just a website and Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, but as physical, tangible entities who can showcase the latest trends in FX trading and technology to real customers.

A few of the event's prominent sponsors shared their views with Forex Magnates about the Conference. Kıvanç Memişoğlu, CEO of Integral Menkul Değerler, told us: "Integral Menkul Degerler is proud of being one of the sponsors of the Turkey FX Conference. As a leading company in the Turkish Forex sector, Integral Menkul Degerler feels responsible for presentation of the sector, as well as supporting all projects that serve to increase the common knowledge about this field. We invite all Forex investors to this conference and aim to create the ultimate Forex investor profile in Turkey."

Destek Menkul Degerler is another sponsor of the event and will host a special trading competition for traders attending the second day. Demir Savatli, Head of Marketing & Sales at Destek Menkul Degerler, told Forex Magnates: "Destek Menkul Degerler is proud to be one of the top sponsors of the Turkey FX Conference. We believe it will be a great opportunity for potential investors to meet face to face with industry leaders and have an understanding of what different companies are offering. The event will hopefully serve many different sectors from exporters/ importers with currency risk, to jewelers that have an open interest in precious metals, to retail investors that may benefit from investing in Forex through a regulated financial service company with a narrow spread as opposed to buying the currency physically at a much higher spread from an exchanger. It will also be a great venue discussing how strong CMB’s Turkish regulation and Takasbank element is, making Turkey a potential financial center for our industry not only locally, but also internationally."

FXTCR's Managing Director, Anil Abbak said that the firm, carrying the half-century old Tacirler Securities’ legacy in Turkey's financial industry, is aiming to raise the financial intellectuality in Turkey. "We are delighted to have the opportunity to be a part of the globally known Forex Magnates event in Turkey. We are looking forward to have the chance to show off our services and business understanding, that are client-oriented and based on cutting edge technology in the largest market, Forex," Mr. Abbak added.

"GSForex is unique in the global financial industry as it's a joint brand created by Turkey’s leading Broker Tacirler Securities and the globally known football team Galatasaray. We are delighted to have such a product for our clients. We support the regular sponsorship of this product, which we believe is solidly showing our company’s understanding of team work and synergy of trust. We are looking forward to welcoming the market actors and Galatasaray supporters to our booth to have a closer look at our offering and a chance to meet in person. We also invite all attendees to come to our booth and grab the surprises of Galatasaray," Mr. Abbak added.

Prestigious Two Day Event - With Different Focus Each Day

In keeping with established Forex Magnates' events, attendees and delegates of this particular conference will enjoy luxurious surroundings and facilities of a top quality location, in this case the Ciragan Palace Kempinski Hotel in the nation's financial capital, Istanbul.

Panel discussions scheduled to take place on the first day are set to cover detailed and interesting subjects including how to market a firm's products effectively, as well as industry leaders engaging with each other on how to approach challenges set by regulation.

The second day is set to host an in-depth conversation among panelists about social trading, and a workshop centered on how to maximize profits when trading gold.

The discussions and workshops on both days will be interspersed with the opportunity to view the booths of leading industry participants from Turkey and across the globe, with a keynote speech on the afternoon of April 4, and many client-orientated events and features scheduled to take place in the afternoon of April 5.

A prime opportunity for networking, an exclusive, invitee-only B2B evening party on the 4th of April will host delegates who will be able to meet the movers and shakers within the industry, as well as reflect and discuss the day's topics. This final event will bring the B2B day to a close, and makes way for the lively second day of B2C, where the doors will open to all attendees

Forex Magnates looks forward to seeing you there! Registration is free and can be done here.