Ready for take-off

Exchange profile: TurkDex

The Turkish Derivatives Exchange (TurkDex) opened its doors to traders in February last year. But some of the exchange’s derivatives contracts have failed to take off as quickly as had been hoped, with regulations and trading restrictions largely to blame. Albert Krespin, an Istanbul-based assistant vice-president of equity derivatives at Bender Securities, says turnover in interest rate futures and commodities contracts has been especially disappointing, and that most of the focus to date h

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