MARGIN TRADING, SHORT SELLING AND EQUITY BORROWING - LENDING
Short selling means selling capital markets instruments that the seller does not own, or placing an order for such sales. Any sales that is completed by using borrowed capital markets instruments to fulfill the settlement obligation relating to the sales is also deemed a short sales.
In order to conduct short selling, the order should be entered as a short selling order at the beginning. Short selling transactions are announced on the Daily Bulleting on equity basis, stating the amount and contract quantity at each price level.
“List of Securities Subject to Margin Trading and Short Selling” covers all equities and ETFs traded on Borsa İstanbul Markets with the exception of the Watchlist Companies Market. Therefore, equities and ETFs traded on Borsa İstanbul National, Collective Products and Second National Markets may be subject to margin trading and short selling transactions. However, with regard to the principles of application of CMB's decision dated October 30, 2014 governing classification of the equities traded on Borsa İstanbul Markets under groups, A, B, C and D;
C and D group equities may not be involved in margin trading and short selling.