In the Futures and Options Market, Daily Price Change Limits for TLREF Futures Contracts Set at 20% Starting January 2nd.
In the Istanbul Stock Exchange Futures and Options Market (VİOP), starting from January 2, the daily price fluctuation limits for one-month TLREF futures contracts have been set at 20%.
According to a statement from the Istanbul Stock Exchange, the minimum loss amount to be incurred from transactions subject to erroneous order cancellations among the criteria required for the cancellation of transactions resulting from erroneous order(s) has been determined as follows: for applications made before 17:30 on a full business day (before 12:00 on a half business day), the minimum amount is 150,000 TL; for applications made after 17:30 on a full business day (after 12:00 on a half business day), the minimum amount is 600,000 TL; and for applications made for evening session transactions, the minimum amount is 150,000 TL.
It has been decided that the "k" values used in the calculation of the lower and upper price limits for inter-period strategy orders will be set at 100 for BIST 30 Index futures contracts, 0.40 for USD/TRY futures contracts, and 10 for Gold/Onces futures contracts.