Ziraat Yatırım Menkul Değerler A.Ş., as of March 1, 2016, became market maker for Anataolian Red Wheat Futures Contracts with Physical Delivery, which have been included in Borsa İstanbul VIOP’s revenue sharing based market making program.

Ziraat Yatırım Menkul Değerler A.Ş., as of March 1, 2016, became market maker for the Anataolian Red Wheat Futures Contracts with Physical Delivery, which have been included in Borsa İstanbul VIOP’s revenue sharing based market making program.

Anatolian Red Wheat and Durum Wheat Futures Contracts subject to Physical Delivery have  been developed through cooperation between Borsa İstanbul and Konya Commodity Exchange in response to risk management and financing needs of the sector. Anatolian Red Wheat Futures Contracts started trading with market makers with a ceremony organized in Konya on February 25, 2016, with the participation of H.E. Turkish Prime Minister Ahmet Davutoğlu.

At the end of the expiry month, physical delivery of Wheat Futures Contracts will be realized through Electronic Warehouse Receipts (ELÜS). With this new product Borsa İstanbul VIOP provides a tool to wheat producers and consumers that would enable taking positions to hedge themselves from unexpected price movements. Borsa İstanbul VIOP, with Ziraat Yatırım as the market maker in Anatolian Red Wheat Futures Contracts, aims to; increase the liquidity of the wheat market, support effective price formation and expand licenced warehousing.

As the world’s fastest growing derivatives market in 2015, Borsa İstanbul VIOP continues to be the preferred platform of risk management in its region with its diverse set of products, central counterparty guarantee for management of all types of risks for companies and investors, increasing liquidity, and now with the Wheat Futures Contracts with Physical Delivery, included in its products.