Company
Date Published
Author
Luke West
Word count
1074
Language
English
Hacker News points
None

Summary

Global Menkul Değerler (GMD), a prominent Turkish brokerage firm with 35 years of experience, has announced a partnership with Alpaca, a global leader in brokerage infrastructure APIs, to enhance its service offerings by providing clients with access to a diverse range of global assets, including US equities, through their Global On-Line platform. This collaboration aims to modernize the trading experience for Turkish investors who have traditionally relied on outdated software, thereby facilitating portfolio diversification and creating more wealth-building opportunities. The initiative comes at a time when Turkish investors face challenges such as currency volatility and inflation, increasing the demand for access to foreign equities. By integrating Alpaca's advanced technology, GMD is positioned to offer lower investment minimums and an improved user experience, aligning itself as a leader in financial innovation within Turkey's capital markets.