Entitlement Compensation Rules - Turkey
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 |