What is VIOP?

What is VIOP? How to trade in VIOP? What does VIOP investment mean? According to the definition made by the Capital Markets Board (CMB)

Economy Desk·October 5, 2021

What is VIOP?

What is VIOP? How to trade in VIOP? What does VIOP investment mean?

According to the definition made by the Capital Markets Board (, energy, wheat, cotton, stock futures contracts and options are traded on VIOP. VIOP, where domestic and foreign investors can invest in derivative products; As a leveraged market, it is among the popular derivatives markets. Futures and Options Markets as a market where derivative instruments, which are advanced financial products, are traded; Recently, it has become one of the popular markets of institutional and individual investors and has recorded a significant increase in its transaction volume. The integration of world markets is growing rapidly and great moves are being made to become an international financial supermarket. When the periods in which futures transactions increase worldwide are examined; Major events such as the Mortgage Crisis, which emerged in the USA in 2008 and affected the whole world, draw attention. In this period, the collapse of the stock market and the characteristics of futures and the effects they could create were seen. If a few more crisis periods like this are examined, the importance of VIOP will be better understood.

How to Trade in VIOP?

First of all, you should open an account in a brokerage house or bank with a VIOP membership. In VIOP, orders are transmitted and matched via an electronic system. Orders are transmitted to the exchange by the members via a remote access connection. In addition, investors have the opportunity to send their orders via member websites, data broadcast screens or mobile applications.

You must sign the risk statement form.

The risk notification form determined by the Capital Markets Board must be signed by all real and legal persons who want to trade in VIOP through a stock exchange member. First of all, you need to make a decision to buy or sell by following and evaluating the developments in the market. You can consult the investment experts of Alnus Investment while making your decision. You must deposit transaction collateral. Post-trade risk control is carried out in our market. In order to pass these checks, you must keep the amount of collateral determined by Takasbank in your account. Otherwise, a margin call is made for your account.

You must transmit your order to the stock exchange through the brokerage firm.

Your order must be complete; You need to specify how many contracts you bought/sold, the contract you bought/sold, the price you want to buy or sell the contract, the order type, method and duration.

Frequently asked questions

What is VIOP?

VIOP is the abbreviation for the Futures and Options Exchange, an organized market within Borsa Istanbul where derivative instruments like futures and options contracts are traded electronically. These contracts are based on underlying assets such as stocks, indices, commodities, or currencies.

What is the difference between a futures contract and an options contract on VIOP?

A futures contract on VIOP obligates both parties to buy or sell an underlying asset at a predetermined price and date. An options contract gives the buyer the right, but not the obligation, to buy or sell the asset, while the seller is obligated if the buyer exercises the option.

What kind of assets can be traded as futures and options on VIOP?

VIOP allows trading of futures and options contracts based on a variety of underlying assets. These include capital market instruments like stocks and indices (e.g., BIST-30), commodities, precious metals, foreign currencies, and financial indicators.

How are VIOP markets regulated?

VIOP markets operate under the regulatory framework of the Capital Markets Board (CMB) in Turkey. The exchange itself, Borsa Istanbul, provides the organized electronic platform where these standardized derivative contracts are traded.