PhillipCapital Menkul Değerler A.Ş. would like to inform you:
Attempts are being made, both in Turkey and abroad, to open accounts using our company's or the PhillipCapital group's trade name, to set up fake or imitation platforms, to create Telegram groups, and to solicit information or business through phone calls.
We would like to warn our investors not to trust social media posts or phone calls outside of our official head offices, contact offices, and official platforms.
Opening an account or carrying out transactions through PhillipCapital Menkul Değerler A.Ş. or PhillipCapital Group companies operating abroad is not possible outside of our official channels.
We would like to remind you to be careful and diligent about not depositing money into any bank account other than the official accounts opened in the name of PhillipCapital Menkul Değerler A.Ş.
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Best regards,
PhillipCapital Menkul Değerler A.Ş.
Borsa Istanbul share market markets and market groups; Information about the processing criteria and the processing principles to be applied.
Star Market is the market where shares with a market value of 2 billion TL and above, which are offered to the public at the first listing on the Stock Exchange, will be traded.
The Main Market is the market where shares with a market value between 2 billion TL and 500 million TL, which are offered to the public at the first listing on the Stock Exchange, will be traded.
Sub-Market is the market where shares with a market value between 500 million TL and 200 million TL, which are offered to the public at the first listing on the Stock Exchange, will be traded.
According to the Listing Directive, the Star Market is the market where the shares of partnerships where developments occur that will result in their removal from the Main Market and Sub-Market are traded.
It is the market where exchange investment fund participation certificates, warrants, certificates, ownership-based lease certificates, real estate certificates, real estate investment funds and venture capital investment funds can be traded.
The Venture Capital Market (GSP) was established to ensure that companies that want to provide the financing they need to grow with equity capital can obtain resources by issuing shares through capital increases only to qualified and institutional investors, and that the shares in question can be traded in our Stock Exchange's Equity Market, and that other capital market instruments deemed appropriate by the Board of Directors can only be traded among qualified investors. Those who are not qualified investors cannot trade in this market.
It is the market where commodity certificates that are deemed suitable to be traded on the stock exchange are traded.
Shares of publicly held companies whose shares are not traded on the Stock Exchange, which the Stock Exchange decides to trade on this platform, will be traded on the Pre-Market Trading Platform.
| Criteria for Trading in Markets and Groups | star market | Main Market | Sub Market |
| Market Value (PV) | >6 billion TL | >1 billion TL | |
| Market Value of Shares in Actual Circulation (FDPD) | >1 billion TL | >400 million TL | |
| Actual Circulation Rate (FDO) | >%10 | >%10 | |
| concession | FDO<90% if concession | FDO<90% if concession | |
| Local Fund | >30 million TL | ||
| liquidity | < 0,15 | < 0,5 | |
| (*) | If FDO>5%, FDPD>3 billion TL and Liquidity <0.1 | If FDO > 5%, Dividend > 10% and FDPD > 450 million TL or FDPD > 750 million TL and liquidity < 0.2 |
PD: Total market value calculated over the entire capital of the company,
FDPD: The market value of the company's shares in actual circulation, calculated as the number of FD shares at the end of the period x the average of one-year adjusted closing prices within the framework of the criteria determined by the Board,
FDO: The ratio of the company's shares in actual circulation to the company capital, calculated within the framework of the criteria determined by the Board,
Concession: The General Directorate of the Stock Exchange will decide whether the difference created for any share group will be considered a privilege in the evaluations to be made; Granting a different or superior right to a share in rights such as the right to elect board members from among a certain group of shareholders, certain share groups and minorities, the right to propose candidates for board membership, the right to be represented on the board of directors, dividend, liquidation share, priority and voting right or a new shareholding right not foreseen herein,
Local Fund: According to MKK data, the relevant denominator is the average market value of the part of the portfolio of "Investment Funds" and "Pension Investment Funds" under the supervision of CMB in the last year.
Liquidity Criteria: With a transaction volume of 1 Million TL, the denominator is the average price change rate on a daily basis,
Additional Criteria - Dividend Yield: It refers to the total of net cash dividends for the last 3 years / end-of-period market value.
FDO > 5% indicates the condition to benefit from additional criteria.
| Transaction Principles | star market | Main Market | Sub Market | YIP | PÖIP |
| Transaction Method | Continuous Process | Continuous Process | Continuous Process | 5 times One Price | 5 times One Price |
| Short Selling and Credit Transaction | Yes | Yes | None | None | None |
| Gross Settlement | None | None | Yes | Yes | Yes |
| Equity Ratio | %90 | %75 | %0 | %0 | %0 |
| Open Clearing Position / Equity Ratio | %20 | %50 | %100 | %100 | %100 |
| Price Margin | %20 | %15 | %10 | %10 | %10 |
| Short Selling Step Up Rule | None | Yes | - | - | - |
| Circuit Breaker Trigger Rate | %10 | %7.5 | %5 | - | - |
| Order Collection Time After Circuit Breaker | 5 minutes | 15 minutes | 15 minutes | - | - |
| Pairing Time After Circuit Breaker | 2 minutes | 2 minutes | 2 minutes | - | - |
| Restriction of Information Release During the Single Price Order Collection Period (*) | None | None | Yes | Yes | Yes |
| Order Cancellation, Order Worsening and Quantity Reduction in the Last 5 Minutes in the Opening Session (*) | None | None | None | None | None |
| Market Order in the Opening Session (*) | Yes | Yes | None | None | None |
For up-to-date information, visit the Borsa https://www.borsaistanbul.com/piyasalar/pay-piyasasi/pazarlar You can visit the website.
Equity Ratio: The relevant share; It indicates to what extent the margin purchase, short sale, borrowing or lending transactions can be accepted as equity in the equity account. If the rate is not specified, the provisions of the relevant Board regulations are valid.
Open Clearing Position Equity Ratio: It shows the open swap position that may occur at a certain moment or the minimum amount of equity that must be held for the relevant share until the swap is realized. If the rate is not specified, the provisions of the relevant Board regulations are valid.
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