What is Borsa Istanbul (BIST)

What is Borsa Istanbul (BIST)

Borsa Istanbul (BIST) is the organization that brings investors together and ensures that trading is carried out on a safe, fair and competitive basis. In Turkey, stock exchange transactions are carried out at Borsa Istanbul, which is known as BIST for short. This institution is the only stock exchange organization operating in Turkey.

First launched as the Istanbul Stock Exchange (ISE), the organization was renamed Borsa Istanbul on April 5, 2013. Every individual who trades stocks in Turkey operates within Borsa Istanbul (BIST). Istanbul Stock Exchange is governed by a board of 9 members. The more successful and large volume Borsa Istanbul is, the more liquidity and resources are provided to the economy.

What is the Purpose of Borsa Istanbul?

BIST aims to create a suitable ground for the trading of securities eligible for trading on the stock exchange in a competitive, reliable and stable environment. In this context, it carries out activities to bring together the purchase and sale orders of various securities within the intended framework. BIST is obliged to determine and announce the prices that emerge on the exchange. It may also create new markets, marketplaces and platforms by announcing these prices. Borsa Istanbul fulfills duties such as managing and operating the markets. The Capital Markets Board (CMB) audits whether BIST activities are carried out in line with its purpose.

What are the Trading Hours of Borsa Istanbul?

BIST trading hours differ according to the type of markets within the organization. For example, the Equity Market, which is traded full day, opens at 09.40 and closes at 18.10. The Futures and Options Market (VIOP) is active between 09.30 - 18.10, while other derivatives markets are active between 09.30 - 18.15. In the Precious Metals Market, it is possible to trade 24 hours a day without interruption. Lending transactions and diamond and precious stones markets are also active between 09.45 - 17.30. The Debt Securities Market within BIST starts trading at 09.30. This market closes at 17.30 on full days and 11.50 on half days. The latest status of Borsa Istanbul can be monitored instantly or after the closing hours.

How to Trade on Borsa Istanbul?

Individuals who want to invest in Istanbul Stock Exchange shares must first create a special account on this platform. Investors who open an account can determine the products they want to trade. They can submit their buy and sell orders for the product in question in writing, verbally, over the internet or by phone. These orders of investors in the equity market are finalized by Takasbank. Investors can monitor their portfolios both from their own accounts and from the account opened on behalf of the customer at the Central Registry Agency. Follow Global Economic Developments on Social Media! to follow Ieconomy official Twitter account!