Istanbul Stock Exchange: New implementations in the stock market as of November 13, 2009

Istanbul Stock Exchange: New implementations in the stock market as of November 13, 2009

16/11/09

  • The Collective Products Market has been launched. The stocks of investment trusts, real estate investment trusts, venture capital trusts and the participation certificates of exchange traded funds, which were previously traded on the National Market of the Istanbul Stock Exchange is now trading in the newly established “Collective Products Market”.

     

  • The cross trade rule has been abolished in the Stock Market.

     

     

  • At the beginning of the second stock trading session, an opening session has been implemented. Previously, an opening session was carried out only at the beginning of the first stock trading session.

     

     
  • The new trading hours of the second stock trading session are as follows:

     

     Second Stock Trading Session

    14.00 – 17.30

     Opening Session

    14.00 – 14.20

     i) Subscription Period

    14.00 – 14.15

     ii) Determination of Opening Prices

    14.15 – 14.20

     Continuous Auction Session

    14.20 – 17.30

     Watchlist Companies Market (starts with the opening  session)

    14.00 – 15.00