In the stock market, the ‘step up rule’ in short selling will still apply today

In the statement published on Borsa Istanbul’s Public Disclosure Platform (KAP), it was reminded that in accordance with the decision of the Capital Markets Board, short selling transactions can be made in the stocks in the BIST 50 index.

In the statement, it was stated that it was decided to apply the step-up rule in short selling transactions for the aforementioned shares, introduced on September 14-29, in today’s session as well.

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“The short selling transaction in the short selling stocks can be carried out at a price higher than the most recent transaction price of the capital market instrument to be subject to short sale. However, if the latest price of the capital market instrument subject to short sale is higher than the previous price, Since the sales made during the day without owning and closed with purchases made later on the same day are also within the scope of short selling, due attention should be paid to the sending of orders for such sales by our investors and investment institutions by marking the short selling option. And it’s important to take care of yourself.”

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