Position Limits

There are two kinds of position limits for contracts listed at TURKDEX: absolute and percentage limits.

Absolute limit is determined as the number of open interest for each contract month that one account might hold. The absolute limit for each contract month is 20,000 for equity and currency futures (absolute limit may be extended to 50,000 contracts in currency futures for prop accounts of high net worth members).

If the number of open interest exceeds 20,000 then the system checks the percentage limit which is 10% of total open interest for the related contract month.