TurkDex
Encyclopedia
The Turkish Derivatives Exchange (Turkish: Vadeli İşlem ve Opsiyon Borsası), commonly known by its acronym, TurkDex, is a Turkish futures
exchange
, trading contracts based on currencies, indexes, bonds, interest rates, and commodities. Trading at the exchange commenced on 4 February 2005. The monthly volume on all contracts is around 3.5 million.
As of August 2006 the exchange had 59 members.
Futures contract
In finance, a futures contract is a standardized contract between two parties to exchange a specified asset of standardized quantity and quality for a price agreed today with delivery occurring at a specified future date, the delivery date. The contracts are traded on a futures exchange...
exchange
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
, trading contracts based on currencies, indexes, bonds, interest rates, and commodities. Trading at the exchange commenced on 4 February 2005. The monthly volume on all contracts is around 3.5 million.
As of August 2006 the exchange had 59 members.