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English
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Hayır (No)
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As is known, in accordance with Capital Market Board's decisions, a measures system (i.e. Volatility Based Measures System) has already been commissioned in order to ensure that the shares in Borsa İstanbul Equity Market are traded in a fair and reliable manner and to protect investors from the risks arising from extreme volatility. Within this framework, if predetermined conditions are met, the first measure of "Prohibition of Short Selling and Margin Trading" is applied to the related share for a period of 15 days. Furthermore if volatility persists in the share to which the first measure has been applied, the second measure of "Gross Settlement" is applied for a period of 15 days. Starting from 15 Nov 2018 as a third level measure "Call Auction Trading" for 15 days will be taken if high volatility in share price continues after the second level measure. "Prohibition of Short Selling and Margin Trading" and "Gross Settlement" will also be in effect for the duration of the third measure "Call Auction Trading". In case predetermined conditions are met, information for related share to which a measure will be applied together with start date and duration of the measure will be announced to the public by the Exchange through Public Disclosure Platform in the same day after the market is closed. |