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Derivative Markets
Seker Investment provides services to its individual and institutional customers in Turkdex (Turkish Derivative Exchange) with its professional team since 2005.
Futures Contracts
A financial contract obligating the buyer to purchase an asset (or the seller to sell an asset), such as a physical commodity or a financial instrument, at a predetermined future date and price. Futures contracts are standardized contracts and detail the quality and quantity of the underlying asset. Some futures contracts may call for physical delivery of the asset, while others are settled in cash. Derivates markets are invested for hedge, speculative or arbitrage purposes.
Hedging: Investors use future contracts for hedging purposes when they are unsure of what the market will do.
Speculative:Investors use futures contracts for speculative purposes when they aim to maximize their gains in market movements.
Arbitrage: The simultaneous purchase and sale of an asset in order to profit from a difference in the price.
Tax Advantage
Gains from index futures transactions in Turkdex for individual investors are exempt of withholding tax. Individuals gains from other futures contracts are subject to 10% withholding tax.
Products:
Equity Index Futures:
- ISE-30,
- ISE-100,
- ISE 30-100 Index Spread
Interest Rate Futures:
- T-Benchmark Government Bond
Currency Futures (cash settled and physically-delivered):
- USD/TRY,
- EUR/TRY,
- EUR/USD Cross Currency
Commodity Futures:
- Wheat Futures,
- Cotton Futures,
- Gold Futures,
- USD/Ounce Gold Futures
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