Ä°zmir Commodity Exchange is an open market where free market rules are applied. Cotton, seedless raisin and oilseeds transactions take place in the trading pits. The “Corbeille System”, the system where buyers and sellers come together face to face and trade cotton through open out-cry method, is based on reliability and is a model for trade ethics. The prices of cotton, seedless raisin and oilseeds are formed through active transactions that take place in the trading pits every day, and closing prices of these products are determined by related commissions. The daily closing prices formed through the active transactions that take place in the halls in Ä°zmir Commodity Exchange are simultaneously announced nationally and internationally.
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