Help & Advice

What types of orders can I use for TurkDex transaction I carry out online?

On Turkdex transactions that you carry out online:

  • You can use Limited Orders and Market Orders as the Order Method.
  • You can use Passive Orders as the Order Type.
  • You can use Session Orders as the Order Duration.

Limited Order (LMT): is the order method used to execute transactions up to a specified price limit. Entering a price is required when this method is used.
Market Order (PYS): is the order method used  to execute the order starting from the best available market price for the relevant contract at the time the order is entered. When using the Market Order method, if the “Best Price” option is selected, the order is only matched with pending orders at the best price level available in the market at that time. 
Passive Order (KPY): At the time the order is entered, with the objective of fully executing the order, in the case that the order cannot be executed completely, the remaining amount up to the maximum order amount is recorded as a passive limit order at the last execution price.   
Session Order (SNS): The order is valid only in the session it is entered. If the order cannot be matched until the end of the session, it is automatically canceled by the system.
The orders placed within the first 20 minutes following the end of the session (between 16:40-17:00) will be canceled. Orders placed after 17:00 will be forwarded to the exchange at the beginning of the session the next day.

  1. How can I place a buy order for the fund? Can I place a buy order in the interim period?

    You may place your buy orders between the hours of 09:00 and 18:00 on the announced demand collection days, and until 12:00 on the last day.

  2. What is a 40 session order?

    While orders for only 1 or 2 sessions can be placed in the buy/sell step, you can place orders for a minimum of 3 sessions in the morning session, and a minimum of 2 sessions in the afternoon session, with a maximum of up to 40 sessions.

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