Home / About
A technology company for Turkish capital markets, built by people from the field.
TurQuant was founded to bring quantitative research, algorithm development and order-routing technology under one roof.
Why we exist
To shorten the distance between an idea and a trade.
In algorithmic trading, value is usually lost between the links: the researcher's model is carried into software incompletely, the software ignores the realities of the infrastructure, and the infrastructure does not know what the strategy needs. TurQuant brings these links together in one team.
We provide liquidity provision and market-making technology to brokerage firms, systematic strategies to funds and institutional investors, and licensed algorithms to institutional clients. We turn our research into our own mathematical models and intellectual property.
Our name
Tur + uant
The name TurQuant brings together Turkish identity and "quant", the term for quantitative finance. The sound that ends "Türk" is the same sound that begins "quant"; the Q in our name is the letter where the two words meet in that sound.
The ℚ in our logo denotes the set of rational numbers in mathematics and represents the risk-neutral probability measure in mathematical finance. Central to the valuation of derivatives, this measure makes it possible to calculate the present value of future payments through probability and mathematics.
For us, ℚ is the symbol of our data-driven, systematic and analytical approach to markets.
Founder
Sezai Şaklaroğlu
Founder
Sezai Şaklaroğlu has more than twenty-five years of experience in Turkish capital markets. Şaklaroğlu graduated top of the class from the Capital Markets department of Marmara University in 2000, and completed a master's degree in Banking at the same university in 2004.
Şaklaroğlu began as an equity research analyst, working at leading firms of the time such as Ata Yatırım, EFG Istanbul and Erste Securities Istanbul. Later roles included Deputy General Manager at Vakıf Yatırım, Group CFO at Kiler Holding with board seats at group companies, and General Manager at Bizim Menkul Değerler. These positions carried responsibility for initial public offerings, mergers and acquisitions, and capital-markets financing, and gave first-hand knowledge of the market from the investor, brokerage and issuer sides.
Şaklaroğlu turned to algorithmic trading early. In 2010, Şaklaroğlu put into production algorithms that sent fully automated orders to the exchange over an HTTP API, one of the early implementations of its kind in Turkey. Work that followed focused on measuring market behaviour and building systematic strategies, using a proprietary smart-money indicator, scoring models and technical analysis tools.
Over time this work expanded into market microstructure and high-frequency trading technology. Şaklaroğlu built colocation, OUCH and FIX order routing and high-frequency trading infrastructure at Borsa Istanbul, worked on building order books from ITCH data and on order-flow analysis, and developed market-making, arbitrage and momentum algorithms. Strategy design is approached together with data quality, transaction costs, fill probability and risk management. Passive order strategies, liquidity provision and inventory control are the main areas of focus.
Şaklaroğlu founded TurQuant in 2026 to bring this experience into an institutional research and technology structure.
Company details
- Legal name
- TurQuant Finansal Araştırma ve Teknoloji Yatırımları A.Ş.
- info@turquant.com