{"id":13965,"date":"2012-04-09T14:43:02","date_gmt":"2012-04-09T12:43:02","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=13965"},"modified":"2012-04-09T14:43:02","modified_gmt":"2012-04-09T12:43:02","slug":"imkb-tum-bolgenin-borsasi-olmali","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/imkb-tum-bolgenin-borsasi-olmali\/","title":{"rendered":"\u0130MKB T\u00fcm B\u00f6lgenin Borsas\u0131 Olmal\u0131"},"content":{"rendered":"
\u0130MKB Ba\u015fkan\u0131 \u0130brahim Turhan, Vadeli \u0130\u015flem ve\u00a0 Opsiyon Borsas\u0131’n\u0131n (VOB) \u0130stanbul’a ta\u015f\u0131nmas\u0131 tart\u0131\u015fmalar\u0131na ili\u015fkin,\u00a0 ”Herkes kendi evlad\u0131n\u0131 evinde saklarsa aile saadeti olmaz. Bu s\u00fcrecin\u00a0 t\u00fcm hak ve pay sahipleri zarara u\u011framadan planlanmas\u0131 b\u00fcy\u00fck \u00f6nem\u00a0 ta\u015f\u0131yor” dedi.
\n\u0130zmir Ticaret Borsas\u0131’n\u0131n (\u0130ZTB) 120. kurulu\u015f y\u0131l\u00a0 d\u00f6n\u00fcm\u00fc etkinlikleri kapsam\u0131nda d\u00fczenlenen ”Borsa S\u00f6yle\u015fileri”\u00a0 toplant\u0131s\u0131n\u0131n konu\u011fu olan Turhan, d\u00fcnyada organize piyasalardaki i\u015flem\u00a0 hacminin geriledi\u011fini, tezgah \u00fcst\u00fc piyasalar\u0131n \u00f6ne \u00e7\u0131kt\u0131\u011f\u0131n\u0131, borsa\u00a0 y\u00f6neticilerinin bu ger\u00e7e\u011fi g\u00f6r\u00fcp buna g\u00f6re politikalar \u00fcretmesi\u00a0 gerekti\u011fini ifade etti.
\nT\u00fcrkiye’deki borsalarda i\u015flem g\u00f6rmesi\u00a0 gereken sermaye piyasas\u0131 ara\u00e7lar\u0131n\u0131n y\u00fczde 40’\u0131n\u0131n T\u00fcrkiye d\u0131\u015f\u0131nda i\u015flem\u00a0 g\u00f6rd\u00fc\u011f\u00fcn\u00fc, buna herhangi bir \u015fey yapamad\u0131klar\u0131n\u0131 anlatan Turhan, \u015f\u00f6yle\u00a0 konu\u015ftu:
\n”Borsalar\u0131m\u0131zda, organize piyasalar\u0131m\u0131zda yeterli \u00fcr\u00fcn\u00a0 \u00e7e\u015fitlili\u011fini sa\u011flama noktas\u0131nda s\u0131k\u0131nt\u0131lar\u0131m\u0131z var. Kurumsal yap\u0131lar ve\u00a0 yasal d\u00fczenlemelerden kaynaklan\u0131yor. Sermaye Piyasas\u0131 Kanunu’nun\u00a0 de\u011fi\u015fiyor olmas\u0131 \u00e7ok \u00f6nemli, anlaml\u0131 bir de\u011fi\u015fim noktas\u0131 tesis edecek.\u00a0 Bize bu hareket esnekli\u011fini, dinamizmini kazand\u0131racak.
\n\u0130MKB\u00a0 kurulurken yasal \u00e7er\u00e7eve, borsalar\u0131n kamu kurumu mant\u0131\u011f\u0131yla \u00e7al\u0131\u015fmas\u0131n\u0131\u00a0 \u00f6ng\u00f6rm\u00fc\u015f. Bu d\u00fcnyada da b\u00f6yle. \u00dcyelerin bir araya gelerek olu\u015fturdu\u011fu\u00a0 bir kooperatif gibi \u00e7al\u0131\u015f\u0131yor. Ama mevcut rekabet ortam\u0131 i\u00e7inde bizim\u00a0 1980’lerde, 1990’larda tasarlanm\u0131\u015f altyap\u0131yla yol almam\u0131z rekabet\u00a0 etmemiz ne yaz\u0131k ki m\u00fcmk\u00fcn de\u011fil. Onun i\u00e7in de yeni getirilen yasal\u00a0 d\u00fczenlemelerle sermaye piyasas\u0131 kurumlar\u0131n\u0131n bir dinamizm ve esneklik\u00a0 kazanaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz.”
\n\u00d6nceki d\u00f6nemde ulusal borsalar\u0131n\u00a0 \u00f6nemli oldu\u011funu, hatta b\u00f6lgesel borsalar\u0131n \u00f6n plana \u00e7\u0131kt\u0131\u011f\u0131n\u0131 ifade eden\u00a0 Turhan, bug\u00fcn ise konsolidasyon ve ortakl\u0131klarla mevcut b\u00fcy\u00fck\u00a0 borsalar\u0131n dahi birle\u015fmek istedi\u011fini ifade etti.
\nArt\u0131k borsalar\u0131n\u00a0 kar odakl\u0131, halka a\u00e7\u0131k yap\u0131lar haline geldi\u011fini, eskiden uzmanl\u0131\u011f\u0131n \u00f6n\u00a0 plana \u00e7\u0131kmas\u0131 ana e\u011filimken bug\u00fcn giderek b\u00fct\u00fcnle\u015fik spot ve t\u00fcrev\u00a0 piyasalar\u0131n\u0131n ortaya \u00e7\u0131kt\u0131\u011f\u0131n\u0131 kaydeden Turhan, ayr\u0131 ayr\u0131 \u00f6rg\u00fctlenmi\u015f\u00a0 piyasa ve \u00fcr\u00fcnlerin bir araya gelerek birle\u015fmeye \u00e7al\u0131\u015ft\u0131klar\u0131n\u0131\u00a0 g\u00f6zlediklerini s\u00f6yledi.
\n\u0130sve\u00e7, \u0130talya, Avusturya, Kore, Polonya\u00a0 ve Brezilya’da borsalar\u0131n \u015firketle\u015fme ve birle\u015fmeye gitti\u011fini,\u00a0 birle\u015fmeler sonras\u0131 borsalar\u0131n b\u00fcy\u00fck s\u0131\u00e7rama ya\u015fad\u0131\u011f\u0131n\u0131, yeni bir\u00a0 sinerji ve ivme kazan\u0131ld\u0131\u011f\u0131n\u0131 anlatan Turhan, T\u00fcrkiye’de ise bankac\u0131l\u0131k\u00a0 sekt\u00f6r\u00fcndeki geli\u015fmeye ra\u011fmen di\u011fer iki bacak olan sigortac\u0131l\u0131k ve\u00a0 sermaye piyasas\u0131 kurulu\u015flar\u0131n\u0131n geli\u015fmemesi nedeniyle sa\u011fl\u0131kl\u0131 bir\u00a0 manzaran\u0131n olmad\u0131\u011f\u0131n\u0131 ifade etti.
\nT\u00fcrkiye’nin bu konuda olmas\u0131 gereken yerde olmad\u0131\u011f\u0131n\u0131 ifade eden Turhan \u015f\u00f6yle devam etti:
\n”D\u00fcnyadaki\u00a0 de\u011fi\u015fim, sermaye piyasalar\u0131ndaki yap\u0131sal de\u011fi\u015fiklikler ve T\u00fcrkiye’nin\u00a0 sermaye piyasalar\u0131n\u0131n i\u00e7inde bulundu\u011fu durum bize diyor ki; (sizin \u00f6nce\u00a0 sermaye piyasas\u0131ndaki borsalar\u0131 modern borsalar\u0131n yap\u0131s\u0131na kavu\u015fturman\u0131z\u00a0 gerekiyor, \u015firketle\u015fmeyi s\u00fcratle hayata ge\u00e7irmeniz gerekiyor. Bir\u00a0 kooperatif yap\u0131s\u0131ndan anonim \u015firket yap\u0131s\u0131na ge\u00e7meniz gerekiyor. Ondan\u00a0 sonra g\u00fcc\u00fcn\u00fcz\u00fc bir araya getirmeniz, sinerji do\u011furacak \u015fekilde\u00a0 verimlili\u011finizi art\u0131racak \u015fekilde, i\u00e7erden ve d\u0131\u015far\u0131dan maruz\u00a0 kalaca\u011f\u0131n\u0131z rekabet bask\u0131lar\u0131na kar\u015f\u0131 koymaya imkan sa\u011flayacak \u015fekilde\u00a0 b\u00fct\u00fcnle\u015fme ve entegrasyon kurman\u0131z gerekiyor. Daha sonra yaratt\u0131\u011f\u0131n\u0131z bu\u00a0 de\u011feri yat\u0131r\u0131mc\u0131yla payla\u015fman\u0131z, halka arz ve \u00f6zelle\u015ftirmeyi\u00a0 ger\u00e7ekle\u015ftirmeniz gerekiyor.)”<\/p>