- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,198.30+0.18%
- INTEREST37.00%-1.00
- BITCOIN82,659-1.21%
- October 13, 202618°
- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,198.30+0.18%
- INTEREST37.00%-1.00
- BITCOIN82,659-1.21%
- October 13, 202618°
Capital Markets Board sets invalidity rules for repo transactions
An amendment by the Capital Markets Board to the regulation governing Borsa Istanbul AŞ’s exchange activities was published in the Official Gazette and entered into force. Transactions in the Borsa Repo and Reverse Repo Market that fail to meet the specified reporting and blocking requirements will be deemed invalid.
An amendment by the Capital Markets Board to the regulation governing Borsa Istanbul AŞ’s exchange activities was published in the Official Gazette and entered into force.
Under the amendment, transactions in the Borsa Repo and Reverse Repo Market for which central clearing services are not provided will be deemed invalid if the securities are not reported by the deadline set by Takasbank or are not blocked in the relevant account on behalf of the fund.
Transactions covered by this provision will be canceled by Borsa Istanbul in line with Takasbank’s notification.
Stay Updated with The Turkiye Times
Subscribe to be informed about special news, developments and announcements. We will keep you informed.
By signing up, you agree to our Privacy Policy
