The upward step rule in Borsa Istanbul is still valid today.

According to the statement made by Borsa Istanbul, it has been decided to continue the up-step process in short selling transactions in BIST 50 shares today.

The upward step rule applied by Borsa Istanbul for 3 days will still be valid today. It has been decided to apply the up step rule in short selling transactions in BIST 50 shares today.


Borsa İstanbul’s statement is as follows:

It has been decided to apply the up step rule in the short selling transactions applied between 20/12/2021 and 22/12/2021 in the stocks in the BIST 50 Index in the session dated 23/12/2021.

According to this; In stocks that can be short-selled, the short-selling transaction may be carried out at a price higher than the most recent transaction price of the capital market instrument to be subject to short-selling. However, if the latest price of the capital market instrument subject to short sale is higher than the previous price, the short sale transaction may also be made at the last price level.

Since 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, it is important to show the necessary care and diligence in transmitting orders for such sales by our investors and investment institutions by marking the short selling option.


Source: bigpara- GÜNDEM by

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