BIST Increasing OYAYO.E 1.6 12.68 % VKFYO.E 2.3 11.65 % KRGYO.E 1.63 10.88 % AVOD.E 4 8.11 % SANKO.E 2.45 7.46 % Decreasing TACTR.E 4.77 -16.46 % OZGYO.E 5.96 -13.37 % IZFAS.E 2.54 -10.56 % HALKS.E 1.05 -9.48 % EGCYO.E 0.12 -7.69 % VIOP Most Change O_AKBNKE0119C8.50 % -100,00 O_AKBNKE0119C8.50 % -100,00 O_AKBNKE0119C8.50 % -100,00 O_AKBNKE0119C8.50 % -100,00 O_AKBNKE0119C8.50 % -100,00 Highest Open Position F_USDTRY1218 829.137 F_XU0301218 403.283 F_USDTRY0219 123.465 F_XAUTRYM1218 107.831 F_YKBNK1218 104.879

SASX 10 INDEX FUTURES


 Underlying Security

The Sarajevo Stock Exchange Index 10.

Contract Size

SASX 10 Index value multiplied by 1 TRY.

Tick Size

Price tick is 0.25.

Contract Months

February, April, June, August, October and December (Contracts with two different expiration months nearest to the current month shall be traded concurrently.) 

Settlement

Cash Settlement

Settlement Period
T+1

Losses are deducted from the accounts at the end of T day, profits are added to the accounts on T day as well.

Trading Hours

Continuous trading from 09:30 to 18:15 (local time).

Daily Settlement Price

The daily settlement price is calculated as follows at the end of the session and rounded to the nearest price tick:

a) The weighted average price of all the trades executed within the last 10 minutes of the session,

b) If less than 10 trades were realized in the last 10 minutes of the session, the weighted average price of the last 10 trades executed during the session,

c) If less than 10 trades were realized in the session, the weighted average price of all the trades executed during the session,

d) If no trades were done during the session, the previous day settlement,

will be determined as the daily settlement price.

If the daily settlement price cannot be calculated with the above methods by the end of the session, or the prices calculated do not reflect the market correctly, the daily settlement price may be determined by using one or more of the following methods

a) The average of the best buy and sell quotations at the end of the session,

b) Theoretical prices are calculated considering spot price of the underlying asset or the daily settlement price for other contract months of the contract.

Trade reporting will not be taken into consideration in the above calculations. The Settlement Price Committee’s right to change the daily settlement price is under reserve.

Final Settlement Price

The final settlement price of SASX 10 futures contracts shall be the closing price of the related index. This value is rounded to the nearest price tick, and called as the final settlement price.

Expiry Date

Last business day of each contract month. In case domestic markets are closed for half day due to an official holiday, expiry date shall be the preceding business day.

Last Trading Day

Last business day of each contract month. In case domestic markets are closed for half day due to an official holiday, last trading day shall be the preceding business day.

Daily Price Limit

Base price is the price determined by the Settlement Price Committee on the day the relevant contract is introduced for trading, and used in calculating the daily price change limits. For the other days, base price is the settlement price of the previous day.

Daily price limit is equal to ±15% of the base price determined for each contract. If the upper or lower limit so calculated does not correspond to a price tick, the upper limit will be rounded to the upper price tick; and the lower limit, to the lower price tick.

Margins

Clearing legislation shall be applied.