Friday May 28 2021

News Source: Global Exchanges

Focus: Trading Rules

Type: General

Country: Turkey

Link: https://bit.ly/34nKW6W




On 27th May 2021, Borsa İstanbul A.Ş. published a notice on amendments to the equity market procedure that will be effective from 28th May 2021.  

  • In the periodic market re-evaluation process, the companies that recently started to be traded, will not be included in the market evaluations within 3 months following the date when they started to be traded on the Exchange in order to ensure that trading data of the mentioned companies are reliable enough for an assessment. And the data of the first 10 business days of these companies will not be included in the liquidity calculation criteria.  
  • Maximum order value limit” will be applied to the orders sent during the book building phase in the process of public offering of the new companies in the Exchange. 

Click on the above link for further information.