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In the announcement dated 20/12/2021, it was stated that the uptick rule was introduced in short sale transactions for the day. The implementation of the uptick rule has been extended to 21/12/2021. Therefore, the rule will be valid on 21/12/2021 as well.
According to this; equities that can be subject to short selling, can be sold short at a price higher than the last transaction price of the instrument. In case the last realized price of the instrument is higher than the previous price, the short sale transaction can be made at the last price level.
In the case that the instruments are not available in the account of the customer at the time of selling and the positions are closed after the sale with purchases made within the same day, sell orders entered by the customer shall be deemed as short sale as well. It is important that due care and attention is paid to the transmission of sell orders of this nature by selecting the "short sale order" option by our investors and investment firms.
Kindly submitted for your information.
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