The Turkish Trade Ministry and the Capital Markets Board (SPK) amended two regulations on the operation of TÜRİB and the activities of intermediary institutions; the scope of products and contracts that can be traded on the exchange was expanded.
Regulations published in the Official Gazette by the Turkish Trade Ministry revisited settlement methods for futures contracts, payment and delivery obligations, and collateral practices. Transaction powers of intermediary institutions were also changed, while new provisions on exchange membership were introduced.
