Tuesday May 6 2025
News Source: Global Exchanges
Focus: Clearing & Settlement
Type: General
Country: Turkey
On 5th May 2025, Borsa Istanbul Group announced its decision to consider the transition of the settlement cycle for instruments traded on the Equity Market from T+2 to T+1.
Borsa İstanbul Group, have initiated a comprehensive evaluation process to assess the feasibility and implications of adopting a T+1 settlement cycle. This process includes obtaining feedback from all market stakeholders to evaluate the potential impacts on the capital markets, the operational and technical readiness of participants, and the broader consequences of such a transition. The aim is to reduce transaction costs for investors, mitigate post-trade risks, and ensure alignment with global post-trade standards.
In this regard, Borsa İstanbul, Takasbank, and the Central Registry Agency will consult with stakeholders to gather their views on the proposed transition and incorporate their insights into the evaluation process.
Click on the above link for further information
