Borsa Istanbul Implements Uptick Rule for Short Selling

Borsa Istanbul has introduced a new regulation for short selling transactions after the BIST 100 index decline exceeded 2%. Under this measure, the uptick rule will apply to short-sellable stocks until the end of the trading session. The decision was made to control market volatility. The uptick rule allows short selling only at a price higher than the last traded price. This practice aims to reduce speculative pressure, especially in declining markets. Borsa Istanbul's announcement is being closely monitored by investors. While the BIST 100 index's decline beyond the 2% threshold has caused unease in the markets, Borsa Istanbul's step is seen as an effort to ensure stability. Experts note that the rule may affect trading volume in the short term but is beneficial for market health in the long run. This is not investment advice.