Deriva completed successfully its consultancy on the TÜRİB’s "Technological Transformation Project". The project which consisted of the design of the TÜRİB’s new trading platform included several different topics such as Market Design, Exchange Administration, Trading Rules, Risk Management and Surveillance, System Technical Specifications. "Exchange System Business Rules and Technical Specification Document" was successfully completed and written at the end of April. The project, where Deriva was involved as a consultant, took about three months.
TÜRİB was established on 8 May 2018 in Ankara. The main activity of TÜRİB is to facilitate trading of electronic warehouse receipts and their futures contracts issued by licensed warehouses.