Journalist Abdurrahman Yıldırım explains: “Towards the end of January 1990, when prices were climbing rapidly, a middle-aged citizen, obviously from Anatolia, said to the first broker he met at the door of the Stock Exchange building, “Buy me an index”.

The broker, on the other hand, was very angry that the citizen had come to the Stock Exchange so unconsciously. After a long discussion, he starts chasing the man. “Come and learn,” he shouts after him…

However, those who come from Anatolia have nothing to learn. Anatolian people instinctively know what can and cannot be bought, but … In Turkey, the momentum is lagging behind. Outside, “The Stock Exchange Index can be bought and sold.

The world’s most famous stock index trading market is the Chicago Mercantile Exchange (CME) in the U.S. Since the maker of the Dow Jones Index does not allow its own index to be traded, Standard and Poor’s, NYSE Composite, Value Linee-VL Composite, Tokyo Nikkei, Financial Times FT SE 100 indices are traded.

Index trades are made with a certain maturity and a “contract”. A “contract can also be bought and sold within the term.

It has long been debated whether index trading is “gambling”. Depending on the type of purchase, the gambling aspect of the game and the weight of the risk increase or decrease.

Since indices are not yet traded in Turkey, it is not useful to give more information about the functioning of this system.