The following statements were included in the announcement published by Borsa İstanbul AŞ Equity Market Operations Directorate:
“Some changes were made during the price steps that must be followed during the transactions in the capital market instruments traded in the Equity Market, the maximum quotation spread intervals that market makers are subject to in their quotation entries, and the session flow in which exchange traded funds are traded.”
On the other hand, according to the change, an opening session consisting of order picking between 09.40-09.56 and matching sessions between 09.56 and 10.00 was added to the session flow of exchange traded fund trading lines.
In the announcement, it was stated that the price ticking application, which is valid for the transactions of shares, new share purchase rights, real estate certificates, ownership-based lease certificates, exchange traded funds, real estate investment funds and venture capital investment funds, has been rearranged as shown in the tables below.
With the regulation made, the price steps for shares, new share purchase rights, real estate certificates and ownership-based lease certificates were determined as follows.
The price steps for exchange traded funds, real estate investment funds and venture capital mutual funds were determined as follows.
| OLD Price Level (TL) |
Price Tie (TL) |
NEW
|
Price Tie (TL) |
|||
|
0.01-19.99 |
0.01 |
|
0.01 |
|||
|
20-49.99 |
0.02 |
20-49.99 |
0.02 |
|||
|
50-99.99 |
0.05 |
50-99.99 |
0.05 |
|||
|
100 and above |
0.10 |
100-249.99 |
0.10 |
|||
|
250-499.99 |
|
|||||
|
500-999.99 |
0.50 |
|||||
|
1.000-2.499.99 |
1.00 |
|||||
|
2.500 and above |
2.50 |
The price steps for exchange traded funds, real estate investment funds and venture capital mutual funds were determined as follows.
| OLD |
|
|
Price Tie (TL) |
|
|
0.01-49.99 |
0.01 |
0.01-49.99 |
0.01 |
|
|
50-99.99 |
0.02 |
50-99.99 |
|
|
|
100-249.99 |
0.05 |
100-249.99 |
0.05 |
|
|
250 and above |
0.10 |
250-499.99 |
0.10 |
|
|
500-999.99 |
0.25 |
|||
|
1.000-2.499.99 |
0.50 |
|||
|
2.500 and above |
1.00 |
The maximum quotation spread intervals for the said capital market instruments within the framework of market making activities have been changed as shown in the table below.
|
OLD |
NEW |
||
|
Price Level |
Maximum Spread Range |
Price Level |
Maximum Span Number of Steps / |
|
(TL) |
Number of Steps |
(TL) |
% Price range |
|
0.01-1.00 |
6 |
0.01-1.00 |
6 |
|
1.01-2.50 |
8 |
1.01-2.50 |
8 |
|
2.51-5.00 |
10 |
2,51-10.00 |
10 |
|
5.01 and above |
16 |
10.01 and above |
one% |
