Vienna Stock Exchange Starts Trading In Futures On The Istanbul Traded Index
Trading in euro futures on the Istanbul Traded Index (IBTX in EUR) started today on the Vienna Stock Exchange. The joint index of the stock exchanges of Istanbul and Wien has been calculated since September of last year and enjoys wide international recognition.
The underlyings of the IBTX are the prices of the twenty most actively trading shares listed on the Istanbul Stock Exchange, one of the world’s fastest growing markets. "With our new product, we have responded to the enormous interest in the Turkish capital market and also offer investors an opportunity to invest in a booming market," explained Michael Buhl, Member of the Management Board of Wiener Börse AG and of the CEE Stock Exchange Group.