The specifications and codes of the contracts to trade on the Market will be announced by the Exchange. For Futures Contracts, the contract code includes information on instrument group, underlying asset, contract size and expiration date.
Table 1: Code For Futures Contracts
Code | Explanation |
---|---|
F_ | Instrument group (Futures) |
XAUTRY | Underlying asset code |
M | Contract code regarding the contract size |
0317 | Expiration date (Ex. March 2017) |
For Option Contracts, the contract code includes information on instrument group, underlying asset, contract size, exercise style, expiration date, option class and strike price.
Table 2: Code For Options Contracts
Code | Explanation |
---|---|
O_ | Instrument group (Options) |
XU030 | Underlying asset code |
E | Exercise style (A: American-The contractual right can be used on any date until or on expiry date, E: European-The contractual right can be used on expiry date) |
0417 | Expiration date (Ex. April 2017) |
C | Option class (C: Call option P: Put option) |
1240,00 | Strike price |
Single Stock Futures and Options contracts subject to corporate action adjustments may have different contract specifications than standart contracts. Contract codes may have additional information such as N1, N2, N3 etc. indicating that the contract is non standart.
Intermonth strategy orders shall be sent to the System with strategy order codes determined as in the below instead of the contract codes.
Table 3: Intermonth Strategy Order Code
Code | Explanation |
---|---|
F_ | Contract group to compose the intermonth strategy order (Futures) |
XU030 | Underlying asset code |
M2-M1 | Contract months included in the strategy (M1:nearest contract month – M2: second nearest contract month) |
Flexible contracts which are created by Exchange members by altering expiry day and/or strike price parameters of existing contracts with predefined constrains, are coded as follows:
Table 4: Contract Code for Flexible Option Contracts
Code | Explanation |
---|---|
TM_O | Flexible Option Contract |
XU030 | Underlying Asset Code |
E | Exercise style (A: American-The contractual right can be used on any date until or on expiry date, E: European-The contractual right can be used on expiry date) |
250419 | Expiration Date (Ex. 25 April 2019) |
C | Option class (C: Call option P: Put option) |
1235,00 | Strike Price |
Flexible contract codes, subjected to corporate action adjustment, may have additional information such as N1, N2, N3 etc. indicating that the contract is non standart.
Table 5: Contract Code for Flexible Future Contracts
Code | Explanation |
---|---|
TM_F | Flexible Future Contract |
USDTRY | Underlying asset code |
P_ | Settlement code (P: Physical delivery) |
250419 | Expiration Date (Ex. 25 April 2019) |
For further information regarding Contract Codes on VİOP please refer to the Derivatives Market Procedure
Table 6: Contract Code for Pyhsically Delivered USD/TRY Future Contracts
Code | Explanation |
---|---|
F_ | Instrument group (Futures) |
P_ | Settlement code (P: Physical delivery) |
USDTRY | Underlying asset code |
0322 | Expiration Date (Ex. March 2022) |
Table 7: Contract Code for Pyhsically Delivered USD/TRY Option Contracts
Code | Explanation |
---|---|
O_ | Instrument group (Options) |
P_ | Settlement code (P: Physical delivery) |
USDTRY | Underlying asset code |
E |
Exercise style (A: American-The contractual right can be used on any date until or on expiry date, E: European-The contractual right can be used on expiry date) |
0422 | Expiration date (Ex. April 2022) |
C | Option class (C: Call option P: Put option) |
8950,00 | Strike Price |