BORSA İSTANBUL A.Ş.

Borsa İstanbul A.Ş. Announcement

Publish Date:24.03.2021 08:42:01
Disclosure Type:DUY
Year:
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Summary

Borsa İstanbul A.S. Announcement

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English
Borsa İstanbul A.Ş. Announcement
Correction Notification Flag
Hayır (No)
Date Of The Previous Notification About The Same Subject
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Announcement Content
Explanations
In the announcement dated 23/03/2021, 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 24/03/2021. Therefore, the rule will be valid on 24/03/2021 as well.
According to this; for the equities that can be subject to short sale, short sale can be carried out at a price higher than the last transaction price of the capital market instrument that will be subject to short sale. However, in case the last realized price of the capital market instrument that is subject to short sale is higher than the previous price, the short sale transaction can be made at the last price level.
In case the capital market instruments being subject of the sale are not available in the account of the customer at the time of sale and later the positions are closed with purchases made within the same day, sale orders given by the customer shall be deemed as short sale. It is important to show the necessary care and attention to the transmission of orders for sales of this nature by notifying the "short sale order" option by our investors and brokerage houses
Kindly submitted for your information.