Borsa İstanbul Derivatives Market (VIOP) Introduces FBIST ETF Futures

Borsa Istanbul VIOP, the region's leading and most diverse derivatives marketplace, today announced the launch of FBIST ETF Futures contract. The launch of FBIST ETF Futures contracts will represent Borsa Istanbul VIOP's first entry into ETF derivatives products. These contracts will be listed on Borsa Istanbul's derivatives marketplace, VIOP, for first trade date on May 5th, 2015.
As is known, FTSE Istanbul Bond ETF (FBIST) tracks the FTSE Turkish Lira Government Bond Index. It provides exposure to a basket of Turkish fixed income securities with a single transaction. With FBIST ETF futures, investors will be able to take a position on the Turkish interest rates in a futures format and be able to hedge their interest rate risk.
For further information on FBIST ETF Futures contracts, please click here.
* Notice: This announcement changes previously announced launch date for FBIST ETF Futures contracts, which was May 4th, 2015.