With the deepening of sales in the BIST 100 index, a circuit breaker was applied.
Borsa İstanbul’s statement regarding the introduction of Index-Linked Circuit Breaker System was published on the Public Disclosure Platform (KAP).
In the statement, with the prestige of 17:23:05, the index-linked circuit breaker was triggered and the processes were stopped indefinitely in all processes in the Equity Market, contracts based on Stock and Stock Indices in the Futures and Options Market (VIOP) and the Equity Repo Market in the Debt Securities Market (BAP). specified.
In the statement, it was stated that the transactions will be started again at 18:08 with the process system for contracts based on VIOP Share and Share Indices, with the closing session at 18:01 on the Equity Market, and it was emphasized that the processes in the BAP Share Repo Market will not start again today.
In the statement, it was noted that the upper step rule will be applied until the end of the session in the short selling processes in the process lines where short selling can be made.
In Borsa Istanbul, Index-Linked Circuit Breaker System is used to minimize the loss of investors by panic processes by being triggered by the instantaneous 5 percent and 7 percent loss in the index.
