VIOP stands for Borsa Istanbul A.Ş. Vadeli İşlem Ve Opsiyon Piyasası (Borsa Istanbul Futures And Options Market), where derivative instuments traded, namely, futures and options contracts.
Since the establisment of VIOP, Alan Invest assists individual and institutional clients with trading transactions
Futures contract is a financial contract, which obligates the buyer to purchase an asset (or the seller to sell an asset), such as a physical commodity or a financial instrument, at a predetermined future date and price. Futures contracts detail the quality and quantity of the underlying asset; they are standardized to facilitate trading on a futures exchange. Since futures markets guides manufacturers, exporters, portfolio managers regarding the prospective trend of prices, it eases risk and inventory management. In addition, VIOP allows trading with lower amounts of equity, compared to spot markets, where whole transaction amount is charged. In future markets, the trades can be conducted with lower amounts of margin.
Investors can trade on market through electronic platforms after signing VIOP agreement. In VIOP, interest is accrued automatically; on the margins necessary for conducting a transaction.