A new derivatives exchange is to be launched at the end of
the year in Izmir, Turkey. Turkdex, or Turkish Derivatives
Exchange is a joint venture of several banks and financial
Currently the design and development of futures contracts
are being worked on. A US-dollar/Turkish-lira futures
contract,which is already listed by the derivatives markets
section of Istanbul Stock Exchange (ISE), is one of the
products to be listed by Turkdex.
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