Operational Information

Entitlement Compensation Rules - Turkey

Market Coverage | Turkey

Reference

Service level
CBL
Last Updated
23.11.2017

Debt securities

Market compensation basis:Trade date for Borsa Istanbul (on-exchange) trades and settlement date for OTC trades
Automatic Compensation Managed by Local CSD:No
Restriction on custody events/transaction types:No restriction
Service offered by CBL:Manual compensation initiated by CBL’s depository based on the customer's or the counterparty’s request

Equities

Market compensation basis:Trade date for Borsa Istanbul (on-exchange) trades and settlement date for OTC trades
Automatic Compensation Managed by Local CSD:No
Restriction on custody events/transaction types:No restriction
Service offered by CBL:Manual compensation initiated by CBL’s depository based on the customer’s or the counterparty’s request