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"TurkDEX-TRYUSDollar" Futures

Overview

Exchange rate risk is a very important issue for many people. Individuals, firms or financial institutions may use the TRYUSDollar future contract to hedge themselves against the exchange rate volatility.

If you are an exporter, by using this contract you will be able to fix your receivables in TRY and will be able to give price quotations to your customers for longer periods. On the other hand, If you are an importer, you will be able to fix your future payments in TRY and will be able to take future purchasing decisions without facing any currency fluctuation risk.

TRYUSDollar contract might also be used for investment purposes other than hedging. It is a new and alternative investment product which offers new opportunities for investors with its leverage effect.

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