24 November 2024 Sunday
Fevzi Condur, Aydın Commodity Exchange Chairman, and Neslihan Duymaz, the General Secretary, attended the signing ceremony of ElüsMarket ÜPAK Inc.Comp. established with a capital of 21 million 450 thousand Turkish Liras, in partnership with ElüsMarket Product Market Intermediary Corporation Inc., 21 Commodity Exchanges, and İş Yatırım Menkul Degerler Inc.
Chairman Mr. Condur, emphasized during the ceremony that ElüsMarket ÜPAK will contribute to the growth of the agricultural products market. He stated that the establishment of ElüsMarket Product Market Intermediary Corporation Inc. is a strong investment for the sustainable development of Turkey's agricultural economy.
Following the evaluation of the latest developments regarding the new intermediary system and ElüsMarket UPAK Inc., signatures were placed for the establishment of ElüsMarket UPAK Inc.
Within the framework of the provisions of the Regulation on Intermediary Activities and Supervision and Supervision of Intermediaries in the Turkish Product Specialized Exchange, Product Market Intermediary Institution, more than half of whose shares belong to one or more commodity exchanges, can be established in order to mediate electronic product receipt (ELUS) transactions.