Borsa İstanbul AŞ's Public Disclosure Platform (KAP) made a statement about the Exchange. The Public Disclosure Platform is Turkey's first official electronic signature project, in which the notifications to be disclosed to the public in accordance with the stock market and capital market legislation are announced to the public with electronic signature and the operation of the system is carried out by the Central Registry Agency (MKK). At the same time, it is an organization that covers more than 480 mutual funds, more than 600 companies and more than 2500 users in Turkey.
Borsa İstanbul has decided to close the Equity Market and the equity and equity index derivatives markets within VIOP for 5 business days and cancel today's transactions. After the decrease in the BIST 100 index reached 5%, it was announced that it was decided to temporarily suspend transactions in all lines in the stock market, with the work of the "Index-Linked Circuit Breaker System" affiliated with Borsa İstanbul AŞ. To ensure the transparent, reliable, stable, efficient, competitive and fair functioning of the stock markets due to the extraordinary price movements and volatility increase after the Maraş-centered earthquake For this purpose, intervention was made in accordance with the 1st paragraph of the 39th article of Borsa İstanbul AŞ Regulation on the Principles of Exchange Activities. In the related intervention, it was stated that the derivatives markets within the Futures and Options Market and the equity and equity index derivatives markets would be closed for five business days on February 8, 2023, until the evening of February 14, 2023.
It has been stated that all transactions carried out on February 8, 2023, that is, the low transaction volume that does not allow healthy price formation in closed markets, have been canceled in accordance with the BİAŞ Regulation.
It has been stated that Borsa İstanbul is aimed to open on February 15.
For detailed news:
https://www.t24.com.tr/haber/borsada-5-is-gunu-islem-yapilmayacak-bugun-yapilan-islemler-iptal-edilecek,1090763
