Turkey BIST 30 Stock trading strategy book



[Turkey Market List]


[ Terms ]
BUY : Buy (open buy-position)
BUY-Hold : Hold existing Buy-position without another buying
BUY-Add : Buy more with holding existing Buy-position
BUY-CloseN : Close all Buy-Positions Now, expected not to hit the target
BUY-CloseT : Close all Buy-Positions at around Target, expected to hit the target
SELL : Sell (open sell-position)
SELL-Hold : Hold existing Sell-position without another selling
SELL-Add : Sell more with holding existing Sell-position
SELL-CloseN : Close all Sell-Positions Now, expected not to hit the target
SELL-CloseT : Close all Sell-Positions at around Target, expected to hit the target
Watch : Watching with interest
Uninterested : Not interested yet



Turkey BIST 30 Stock trading strategy book
BIST 30 Index futures (BIST: XU030D):
Contract Underlying: BIST 30 Price index, divided by 1,000(for example, BIST 30 Price index = 110,500, ContractUnderlying = 110,500 / 1,000 = 110.500).
Central Counterparty: LCH.Clearnet.

Currency: TRY, Turkish Lira.
Multiplier: TRY 100 per Contract Underlying(for example, BIST 30 Price index / 1000 * 100 = 110,500 / 1,000 * 100 = TRY 11,050.0).
Quotation display: Future price in points of Contract Underlying.
Tick Size: 0.025 in points of ContractUnderlying.
Tick Value : TRY 2.5.
Settlement style: Cash Settlement on Expiration Day with daily cash settlement throughout the lifetime of the Contract.

DailySettlement Price: The last value of the BIST 30 Price index as calculated each day by Borsa Istanbul, divided by 1,000, and adjusted for Fair Value.
Daily Cash Settlement: One Bank Day after the Trade Day.

Contract lifetimes and Expiration Months:
(1) February, April, June, August, October and December expiry cycle, up to 1 year.Contracts with 3 different expiration months nearest to the current month shall be traded concurrently.
(2) If December is not one of those 3 months, an extra contract with an expiration month of December shall be launched.

Expiration Day: Last Trading Day of the Expiration Month.In case the market is closed or open half day, Expiration Day shall be the preceding Trading Day.

Listing Day: The day following the Expiration Day. Where this is not a Trading Day, the following Trading Day shall be used.

Trading Hours: 07:10 –15:45 London time for Order booktrading. 07:10 –17:30 London time for Blocktradingand manual Trade Reporting.


BIST 30 Index (BIST: XU030) :
BIST 30 Index is a free float market capitalization-weighted index composed of BIST Stars Market Segment companies. The constituents of the Index are selected on the basis of average free float market value and the average traded value. The base date is December 27, 1996 and the base value is 9.76 for the TL based index.

Turkey Stock Exchange : Borsa Istanbul (BIST) :
The sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE, İstanbul Menkul Kıymetler Borsası, IMKB), the Istanbul Gold Exchange (İstanbul Altın Borsası, İAB) and the Derivatives Exchange of Turkey (Vadeli İşlem Opsiyon Borsası, VOB). It was established as an incorporated company on April 3, 2013, and began to operate on April 5, 2013. Shareholders of Borsa İstanbul are; 49% Government of Turkey, 41% IMKB. Founded in 1866 as Dersaadet Securities Exchange. Indices: BIST 30, BIST 50, BIST 100.