Borsa Istanbul Inc. temporarily took some measures regarding the share market trading system due to the earthquake that affected 10 provinces in total, centered in Kahramanmaras.
Borsa Istanbul’s announcement regarding the share market trading system was published on the Public Disclosure Platform (KAP).
Accordingly, within the framework of the Capital Markets Law, some temporary measures have been taken in Borsa Istanbul Inc. share markets as of today, in order to ensure the functioning of capital markets in a reliable, transparent and stable environment and to protect the rights and benefits of investors.
As part of the measures, short selling transactions will be prohibited. Investors and investment institutions will be informed that positions made during the day without pressing the short selling button and closed on the same day are also within the scope of the said ban.
Deposit requirement will be applied for the shares to be sold by the investors.
Investors who have a share in their ownership will be able to sell the said securities only through the investment institutions where the relevant assets are located.
In addition, the responsibility for the control and follow-up of compliance with the Board’s decision will be with the investment companies.
Source: AA / Prepared by Irem Yildiz