Capital Markets Board imposes gross settlement for two shares

Capital Markets Board

Within the scope of the Capital Markets Board’s Volatility Based Measure System, it was decided to apply gross settlement for one month to two shares.

Borsa Istanbul announced that it was decided to apply gross settlement to the shares of two stocks.

According to the statement made by Borsa Istanbul to the Public Disclosure Platform, it was decided to apply gross settlement on MIPAZ.E and PKART.E shares until the end of the session on March 13, 2024 within the scope of the Volatility Based Measure System (VBTS) in accordance with the CMB decision.

In the statement, “Within the scope of the Volatility Based Measure System (VBTS) activated in accordance with the decision of the Capital Markets Board, gross settlement will be applied in MIPAZ.E and PKART.E shares from transactions dated 02/14/2024 (beginning of the session) until transactions dated 03/13/2024 (end of the session). The measures (credit transaction prohibition measure), which are currently being applied in the relevant shares and defined in the previous stages within the scope of VBTS, will also continue during the period of gross settlement measure.”

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