Within the assertion made by Borsa İstanbul to the Public Disclosure Platform (KAP), Sasa Polyester Sanayi A.Ş. ‘Prohibition of Order Cancellation, Order Amount Discount and Order Worth Worsening’ measure can be carried out.
It was acknowledged that the final date on which the measure can be carried out is December 6, 2022.
Within the assertion, SASA.E share already carried out “Quick Promoting and Credit score Transaction Prohibition” It was additionally acknowledged that the precautionary measure was prolonged till 06 December 2022 (finish of session).
Analysts emphasised that Borsa İstanbul administration’s precautionary practices try to forestall extreme volatility within the inventory markets and transactions which will mislead traders.
Analysts acknowledged that the ban on credit score transactions and brief promoting, which was beforehand taken within the Sasa Polyester share market, was prolonged and that further measures had been additionally launched.
Talking to AA, analysts famous that with the newest measures, they’re making an attempt to forestall traders from being misled by orders that can be canceled later or adjusted at a unique value in intraday transactions.
Stating that order cancellations and worsening the costs of the entered orders can be utilized maliciously to mislead particular person traders who commerce by counting on the robust orders seen within the ranges, the analysts stated that such deceptive orders are tried to be prevented with these measures.
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