TNS is now connected to Borsa Istanbul (BIST) as a market data vendor. Opening up access to Turkey’s sole exchange with order routing and market data connectivity to the BIST matching engine in Istanbul allows TNS’ customers to capitalize on trading activities in this growing market.

Under the new agreement, TNS can deliver the BIST market data to any location globally via a high availability backbone with minimal network latency. TNS’ low latency network enables clients to access BIST alongside the comprehensive European, US and Asia Pacific exchange connectivity already provided.

“Our latest exchange connection allows TNS to provide access to approved recipients, including exchange members and market data vendors,” said Jeff Mezger, TNS’ Vice President of Product Management, Financial Markets. “This project includes market data for BIST’s equities, as well as the futures and options markets, and increases the number of market data feeds we now offer globally to over 330.”

BIST was created by combining the former Istanbul Stock Exchange (ISE), which trades equities and securities on Turkish companies, the Istanbul Gold Exchange, which trades precious metals, and the Derivatives Exchange of Turkey, which trades equity index futures, FX futures and precious metals futures. The BIST 30 is the main stock index consisting of the 30 largest companies listed. In 2021, average daily trading volume in the equity market was 30.2 billion Turkish lira, up 15% from 2020.

TNS’ offering delivers lower overall costs compared to a DIY approach, thanks to the TNS’ mutualized exchange connections and status as a registered data vendor with the BIST exchange. This allows trading firms to focus on their core business instead of diverting the attention of internal resources to maintain an extensive specialized infrastructure.

TNS brings together over 2,800 financial community endpoints, supported by a global, 125-strong point-of-presence footprint. Specifically designed and engineered to address the needs of financial market participants worldwide, TNS offers a range of connectivity, colocation, cloud, market data and VPN solutions within its Infrastructure as a Service (IaaS) portfolio. Its solutions are monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK, Australia and Malaysia. For further information visit