In the statement published on the Public Disclosure Platform (KAP) of Borsa Istanbul, it was stated that the short sale transaction for the shares that can be short-sold 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.
In the statement, it was emphasized that if the last realized price of the capital market instrument, which is the subject of the short sale, is higher than the previous price, the short sale transaction can also be made at the last price level, “The sales made during the day without ownership and then closed with the purchases made on the same day are also Since it is within the scope of short selling, it is important to show the necessary care and attention to the transmission of orders for sales of this nature by marking the short selling option by our investors and investment institutions. ” statements were included.
According to the decision of the Capital Markets Board, stocks in the BIST-50 index can be short-sold. With the statement made on March 23, Borsa İstanbul decided to apply the upward step rule in short selling transactions to be valid for one day for the shares in question, and it continued this practice yesterday. With today’s explanation, the upward step rule will still apply today.