logo

TurkDex has a record day as volatility surges on IMF loan hopes


Derivatives trading at TurkDex in Izmir set a daily record yesterday (May 7), as contracts with a notional value of TL2.25bn (over $1.4 bn) were traded. The previous record was set only a week earlier, on April 30.

Volume has been rising at TurkDex since it opened in 2005, and this growth has not been stunted by the recession. The opposite has happened — average daily volume...

The rest of this article is for subscribers only. Would you like to take a free trial?

Free trial

  • News & Analysis access
  • Extensive data searches
  • Access to archive
  • Weekly newsletter