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FEDERATION OF EURO-ASIAN STOCK EXCHANGES<br />
ANNUAL REPORT APRIL 2011<br />
Also known with its pioneer role and innovative<br />
reputation in the sector with new products and<br />
market tools; IS Investment established the<br />
first hedge fund in Turkey, in November 2008.<br />
IS Investment has been the first local<br />
investment house to issue warrants, IS<br />
Warrants were listed in ISE in December 2010.<br />
IS Investment has won several awards,<br />
including in the category of Euromoney<br />
Awards for Excellence “Best Equity House“ in<br />
2007 and 2008, “Best M&A House” in 2009<br />
and finally “Best Investment Bank” in 2010.<br />
Also IS Investment was given “Financial<br />
Advisor of the Year in Turkey” award by<br />
FT/mergermarket in 2010.<br />
In 2010 IS Investment is…<br />
• ISE Stock Market leader, with USD 57.9<br />
billion trading volume and 6.9% market share.<br />
• TurkDex Market leader with USD 65.9 billion<br />
trading volume and 11.5% market share.<br />
• ISE Securities L/B Market Leader with USD<br />
942.2 million trading volume and 24.3%<br />
market share.<br />
• ISE Bonds&Bills Market Leader among<br />
brokerage houses with USD 17.8 billion<br />
trading volume and 20% market share.<br />
• ISE Turkish Eurobonds Market leader among<br />
brokerage houses, with USD 232.5 million<br />
trading volume and 0.3% market share.<br />
Since its establishment, IS Investment’s<br />
international capital markets division continues<br />
to provide direct access to financial markets<br />
around the globe through its counterparty<br />
network, and professional assistance through<br />
which our clients have a better scope of<br />
investment products for achieving a diversified<br />
portfolio.<br />
The latest liquidity crisis that crippled the<br />
economies around the World, once again<br />
highlighted the importance of diversification.<br />
While the World's biggest economies have<br />
been pushed deep into the arms of recession,<br />
the biggest and most prominent financial firms<br />
had disclosed holdings in problematic<br />
mortgage backed securities, which stunned<br />
the World markets as there is no safe ground<br />
among the companies that are a vital part of<br />
the economic system. However, the ongoing<br />
excessive measures that the major Central<br />
Banks took in order to lessen the severity of<br />
this worldwide crisis, created an<br />
unprecedented rally in the financial markets<br />
starting in the year 2009. With the help of its<br />
extensive global markets coverage by a team<br />
of professionals, IS Investment’s client were<br />
fortunate enough to be positioned in the right<br />
place and the right time.<br />
IS Investment has been investing heavily on<br />
improving our product mix in order to satisfy<br />
the needs and spread out the single country<br />
risks of our customers. As the latest liquidity<br />
crisis put the international capital markets to<br />
the foreground of investor's attentions, IS<br />
Investment has already had an ever increasing<br />
activity in these markets. IS Investment has<br />
direct market access capabilities through the<br />
major equity exchanges around the world and<br />
also has execution facilities to emerging<br />
markets like in Middle East and CIS region. In<br />
equity markets, our activities are not only<br />
limited to secondary market trading as we also<br />
provide means for our customers to<br />
participate in primary issues all around the<br />
world and chance to invest in equity options<br />
rather than directly in cash markets. In fixed<br />
income markets, with a volume reaching<br />
almost USD 3 billion in 2010, IS Investment<br />
was rated as the top financial firm among the<br />
other Turkish financial institutions based on<br />
transactions booked outside the exchange.<br />
Not only, as IS Investment, we concentrate<br />
purely on Turkish Eurobonds, but also focus<br />
heavily on high grade credits as well as credits<br />
from emerging market economies like<br />
Kazakhstan, Brazil, Russia and interact with<br />
more than hundred counterparties around the<br />
World. Latest being the Bank Pozitif’s 2014<br />
maturity Eurobond issue, the syndication parts<br />
that we have taken on the Eurobond issues<br />
listed below demonstrate our commitment and<br />
willingness to be a more active player in these<br />
markets as a Turkish institution.<br />
As the financial crisis have created rollercoaster<br />
rides in the World markets, adding to<br />
the ways of diversification, the opportunities<br />
that keep on knocking increased the needs for<br />
exchange-listed derivative instruments. In<br />
order to facilitate our clients' needs for these<br />
leveraged instruments, IS Investment launched<br />
Trade Master International in the beginning of<br />
2008, which is giving execution capabilities to<br />
our investors for investing on their own in<br />
major equity markets and more importantly in<br />
futures markets like CBOT and CME. Also,<br />
through our experienced traders, our<br />
corporate clients can access to London Metal<br />
Exchange (LME) in order to hedge their<br />
physical exposures in industrial metals.<br />
Rating ourselves by far as the top Turkish<br />
institution in international capital markets, not<br />
only IS Investment will work on improving its<br />
abilities in organized exchanges around the<br />
World, but also will pursue to provide access<br />
to opportunities in emerging economies to its<br />
clients whom IS Investment made believe the<br />
importance of diversification with a little kick<br />
in it.<br />
CONTACT INFORMATION<br />
IS INvESTMENT<br />
Is Kuleleri, Kule-2 Kat: 12 4. Levent 34330 Istanbul-Turkey<br />
Tel: +90 212 350 20 00 Fax: +90 212 350 20 01 isyatirim.com.tr / isinvestment.com<br />
For International Capital Markets Contact Name Mr. Ilkay Dalkilic Tel. +90 212 350 2314 E-mail idalkilic@isinvestment.com<br />
For Turkish Capital Markets Contact Name Mr. Serkan Aran Tel. +90 212 350 2324 E-mail saran@isinvestment.com<br />
For Almaty/Kazakhstan Rep. Office Contact Name Mr. Samad Azimov Tel. +7 727 3340508 E-mail sazimov@isinvestment.com<br />
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