Turkish Derivatives Exchange (TURKDEX)

Turkey

Akdeniz Caddesi No:14 Kat:6-7
35210 Alsancak Izmir
Turkey
Tel:+90 232 481 10 81
URL: www.turkdex.org.tr

Established: 2002 (Trading started on 4 February 2005)

Type: Electronic

 

 

 

 

 


Contracts

Equity Index

TurkDEX ISE-30 Futures
Contract months: February, April, June, August, October, December
(Contracts with three different expiration months nearest to the current months shall be traded concurrently. If December is not one of those three months, an extra contract with an expiration month of December shall be launched.)

TurkDEX ISE 100 Futures
Contract months: February, April, June, August, October and December

(Contracts with two different expiry months nearest to the current month shall be traded concurrently. If December is not one of those two months, an extra contract with an expiration month of December shall be launched.)

 

 

 

 

 

Financials

 

TurkDEX-ISE 30-100 Index Spread Futures

Contract months: February, April, June, August, October and December (Contracts with two different expiry months nearest to the current month shall be traded concurrently. If December is not one of those two months, an extra contract with an expiration month of December shall be launched.) 

 

 

TurkDEX-T-Benchmark 
Contract months: The first and the third month right after January, April, July and October when the Turkish Treasury is issuing the longer dated discounted Turkish treasuries (two contract months per underlying).

 

Currencies

TurkDEX-TRYUSDollar Futures
Contract months: 
February, April, June, August, October and December (Contracts with three different expiration months nearest to the current month shall be traded concurrently. If December is not one of those three months, an extra contract with an expiration month of December shall be launched.)

TurkDEX-TRYEURO Futures
Contract months: February, April, June, August, October and December. (Contracts with three different expiration months nearest to the current month shall be traded concurrently. If December is not one of those three months, an extra contract with an expiration month of December shall be launched.)

 

TurkDEX Euro/USDollar Cross Currency Futures

Contract Months: March, June, September and December (Contracts with two different expiry months nearest to the current month shall be traded concurrently. If December is not one of those two months, an extra contract with an expiration month of December shall be launched).

 

Commodities

TurkDEX-Anatolian Red Wheat Futures
Contract months: March, May, July, October and December. (Contracts with two different expiration months nearest to the current month shall be traded concurrently.TurkDEX-Aegean Cotton Futures
Contract months:
5 nearest months out of March, May, July, October and December.

TurkDEX-Gold Futures
Contract months: February, April, June, August, October and December (Contracts with three different months nearest to the current month shall be traded concurrently.) 

                    TurkDEX-US Dollar/Ounce Gold Futures  

                             Contract Months: February, April, June, August, October and December

                            (Contracts with three different months nearest to the current month shall be

                            traded concurrently).

 

 

ACCESS TO FUTURES MARKETS

TEOS-NET is the Wide Area Network consisting of permanent data lines and network systems among TurkDEX, its members, and other relevant institutions. TurkDEX provides its members the facility of accessing the exchange via remote data lines.

 

 

MARGINS

Initial Margin (TRY)

Maintenance Margin (TRY)

Maintenance Level

ISE 100 Index

700

525

75%

ISE 30 Index

800

600

75%

ISE 30-100 Index Spread

200

150

75%

T-Benchmark

300

225

75%

TRYDollar

130

97.5

75%

TRYEuro

170

127.5

75%

Euro/USDollar Cross Currency

120

90

75%

PD TRYDollar

13,000

9,750

75%

PD TRYEuro

17,000

12,750

75%

Cotton

240

180

75%

Wheat

240

180

75%

Gold

600

450

75%

USDollar/Ounce Gold

180

135

75%

 

NEWS

See www.turkdex.org.tr for the latest on TurkDEX. Our website is also available in Russian, Chinese and Korean.