Ministry of Commerce and Capital Markets Board (SPK) jointly prepared by Turkish Product Specialized Stock Exchange (PUSH) regulation has changed. A new era has begun in intermediary activities with the change published in the Official Gazette..
*Ankara -* 20 Nisan 2019 A comprehensive revision was made to the Regulation on Intermediary Activities and Supervision and Supervision of Intermediaries in the Turkish Product Specialized Stock Exchange, dated.
published 6 According to the article regulation;
*1- Definitions renewed:* Bag, “of products, electronic product bills (ELUS) Turkish Product Specialized Exchange, where futures contracts are traded with” redefined as. ELUS-based indices were also added to the scope of futures contracts.
*2- Expansion of authority to intermediaries:* Regulation 12. with the provision added to the article, The way has been opened for intermediaries to trade in futures contracts based on ELUS on the Stock Exchange in their own names and accounts..
*3- ELUS buying and selling 3 exception:* Flexibility has been provided in the ban on intermediaries not being able to buy and sell ELÜS on their own behalf.. Correction of incorrect orders, Transactions made upon customer request for ELUS delivered as a result of reconciliation and products below the minimum quantity are excluded from the scope of the ban..
*4- History 2028 happened, membership became mandatory:* 19. contained in the article 31/12/2026 date 31/12/2028 extended as. To intermediary institutions authorized as intermediaries, A condition of not being able to start operations without being a member of the stock exchange was introduced..
of change, It is expected to increase transaction volume and strengthen market depth in the licensed warehousing system and agricultural product trade..
The regulation entered into force on the date of publication.
