EQUITY MARKET SETTLEMENT PRINCIPLES
Takasbank is authorized to provide cash and securities settlement transactions as the central clearing and settlement institution to securities traded on Borsa İstanbul.
General settlement principles are as follows:
- Settlement day is T+2, i.e. the second business day following the transaction.
- Multilateral netting system is applied.
- Payments are cleared by same day funds.
- Delivery Versus Payment principle applies.