Background Borsa İstanbul’s BISTECH announced a share‑based circuit breaker on the TKFEN trading platform, the country’s largest exchange.
The circuit breaker temporarily suspends trading to prevent excessive market volatility caused by high trading volumes within a specific price range.
Process During the notification, trading was paused and a single‑price order aggregation process was initiated.
This mechanism consolidates orders at the same price level into a single point for matching.
Trading resumed at 17:56:41.
Result The circuit breaker is viewed as a critical measure to ensure the smooth operation of TKFEN.
Market participants noted that such safeguards play an important role in maintaining market stability.
Borsa İstanbul BISTECH Announces Share‑Based Circuit Breaker on TKFEN
Borsa İstanbul’s BISTECH issued a share‑based circuit breaker on the TKFEN trading platform, temporarily halting trading, aggregating orders at a single price level, and resuming activity at 17:56:41.
Sources
- GZT · baglanti