Gedik Yatırım Menkul Değerler A.Ş. became a market maker for USD/TRY Options Contracts on Borsa İstanbul Derivatives Market (VIOP) as of March 2, 2015.

Gedik Yatırım Menkul Değerler A.Ş. has been giving quotations for USD/TRY options contracts on a continuous basis, providing liquidity on the Market, since March 2, 2015. Therefore, thanks to the narrow spread between buy and sell quotations, investors can easily trade currency options contracts.

Borsa İstanbul VIOP Group Manager Muammer ÇAKIR said, “Borsa İstanbul VIOP attaches great importance to providing narrow spread buy and sell quotations continuously. As Gedik Yatırım Menkul Değerler A.Ş. started to give quotations for the currency options contracts traded on VIOP, we have passed a significant threshold. We believe that investors and companies will prefer the transparent and liquid VIOP to manage their currency risks”.

Gedik Yatırım Leveraged Transactions Assistant Manager Bülent Ertuna said, “As a brokerage house that believes in the future of the capital markets, during our activities of close to a quarter of a century, our basic target has been to contribute to the development of the Turkish capital markets. Towards this end, as the market maker in VIOP USD/TRY options contracts, we aim to increase liquidity and therefore create a healthy and high quality investment environment and thereby, to contribute to growing the market. Increasing the number of market maker institutions will increase the price quality and therefore traded value, so it is very important for the development of the sector. We hope this development will bring the best for Gedik Yatırım and the Market”.

With its wide product range, counter-party guarantee and high liquidity, Borsa İstanbul VIOP marches toward becoming the most recognized platform of the region in managing companies’ risks.