Foreign Exchange Spot transactions:
It provides the opportunity to switch between different currencies, foreign currency-TL or parity exchange rates (such as EUR-USD, GBP-EUR). Transactions are carried out in the same day.
In forward transactions, variables of maturity, amount and price are set out in a contract. It is a derivative product that enables primarily foreign trade companies and the investors who have used foreign currency credits to be protected from fluctuations in exchange rates and exchange rate risk.
Having a flexible structure and many features as a product, forward provides the opportunity of setting back and deferring the agreed date.
Precious Metal and Commodity Transactions:
In addition to spot and forward gold, silver, platinum buying/selling transactions, it also renders spot buying/selling service for the commodities such as copper, zinc, aluminum, sternum, nickel and lead transactions.
Gold Exchange Traded Fund:
Kuveyt Turk Participation Bank Inc. Type B Gold Exchange Traded Fund is a stock market traded fund which has completely physical gold in its portfolio and follows international gold price index and whose 1 share corresponds to approximately 1 gram gold. Fund shares are traded in the Istanbul Stock Exchange Market. Investors may transact Kuveyt Turk Participation Bank Inc. Type B Gold Exchange Traded Fund just as they do other stocks.
You can visit gold exchange traded fund website Gold Plus for more information.
Silver Exchange Traded Fund:
Kuveyt Türk Participation Bank Inc. Type B Silver Exchange Traded Fund is an exchange traded fund which stocks completely tangible silver in its portfolio and follows up the index based on the international silver price and where 1 share corresponds approximately to 1 gr. silver. Fund shares are traded on the Istanbul Stock Exchange. Investors may trade their Kuveyt Türk Participation Bank Inc. Type B Silver Exchange Traded Fund shares just like other stocks.
You can visit gold exchange traded fund website Silver Plus for more information.