Energy Exchange Istanbul

Energy Exchange Istanbul (EXIST) is a Turkish company that was founded in 2013 as a subsidiary of the Istanbul Stock Exchange. EXIST is a platform that facilitates the trading of energy products, including electricity, natural gas, coal, and oil. The company's goal is to create a transparent, efficient, and reliable energy market in Turkey.

EXIST operates under the supervision of the Energy Market Regulatory Authority (EMRA), which is responsible for regulating and supervising the Turkish energy market. The company provides market participants with a range of services, including trade matching, clearing, settlement, and risk management.

Since its inception, EXIST has been instrumental in the development of Turkey's energy market. The company has introduced a number of innovative products and services, such as futures contracts for electricity and natural gas, which have helped to manage price volatility and promote investment in the energy sector.

EXIST was established in 2013 as a subsidiary of the Istanbul Stock Exchange (BIST). The company was created with the aim of providing a transparent and efficient marketplace for energy products in Turkey. The establishment of EXIST was part of the Turkish government's efforts to liberalize the country's energy market and attract more investment to the sector.

Initially, EXIST focused on the trading of electricity, which was a heavily regulated market in Turkey at the time. The company launched spot and futures markets for electricity, allowing market participants to buy and sell electricity at transparent prices. This helped to increase competition in the sector and improve price discovery.

In 2014, EXIST expanded its services to include natural gas trading. The company launched a spot market for natural gas, which helped to increase transparency in the market and reduce price volatility. EXIST also introduced futures contracts for natural gas, which allowed market participants to manage their price risk more effectively.

In 2015, EXIST launched a coal trading platform, which allowed buyers and sellers to trade coal contracts in a transparent and efficient manner. The company also introduced a platform for the trading of oil products, including diesel and gasoline.

In 2016, EXIST became an independent entity, separating from the Istanbul Stock Exchange. The company continued to expand its services, launching new products and services to meet the needs of market participants.

Today, EXIST is the leading energy exchange in Turkey, providing a platform for the trading of electricity, natural gas, coal, and oil products. The company is regulated by the Energy Market Regulatory Authority (EMRA) and plays an important role in the development of Turkey's energy market.

The mission of Energy Exchange Istanbul (EXIST) is to provide a transparent, efficient, and reliable marketplace for the trading of energy products in Turkey. The company aims to promote competition, increase price transparency, and improve price discovery in the energy market.

EXIST is committed to meeting the needs of its customers by providing a range of innovative products and services, including spot and futures markets for electricity, natural gas, coal, and oil products. The company's goal is to enable market participants to manage their price risk more effectively, improve their operational efficiency, and ultimately enhance their profitability.

In addition to its role as a trading platform, EXIST is also committed to promoting the development of the Turkish energy market. The company works closely with industry stakeholders, regulators, and government officials to identify opportunities for growth and investment in the sector. EXIST is dedicated to creating value for its customers, shareholders, and the Turkish economy as a whole.

The vision of Energy Exchange Istanbul (EXIST) is to be the leading energy exchange in the region, recognized for its excellence in trading and market services, and its contribution to the development of the Turkish energy market.

To achieve its vision, EXIST aims to provide its customers with the most advanced and innovative trading platform, featuring state-of-the-art technology, and a comprehensive suite of products and services. The company seeks to provide its customers with a seamless trading experience that is efficient, reliable, and transparent.

At the same time, EXIST is committed to fostering the development of the Turkish energy market by promoting investment, innovation, and sustainability. The company aims to be a catalyst for growth and progress in the sector, working closely with stakeholders to identify opportunities for development and improvement.

Through its commitment to excellence and innovation, EXIST aims to become the preferred platform for trading energy products in Turkey and the region. The company seeks to be a source of pride for its customers, employees, and shareholders, and to make a positive contribution to the Turkish economy and society as a whole.