Tullett Prebon Information Limited signed a deal with domestic Turkish data vendor Matriks Bilgi Dagitim Hizmetleri. The deal sees Matriks redistribute TPI's data to the local market, providing its clients with accurate, reliable and independently-sourced information. The agreement - struck in response to demand from Matriks' clients - is TPI's first with a Turkish market data vendor.

It covers TPI global energy data relating to oil, power, natural gas, emissions and coal, as well as Sovereign Credit Default Swap (CDS) data. The deal highlights the increasingly sophisticated needs of investors and the financial community within Turkey, one of the fastest growing economies in the region, having nearly quadrupled in size since 2002. In particular, Turkey has a booming power market, which is driving the demand for better quality, sophisticated data relating to energy trading.