Takasbank Has Completed Its Technical Developments In The Securities Lending Market In Which Central Counterparty Services Are Provided

Within the scope of Takasbank's efforts to deepen and enhance the securities lending markets, technical developments were completed in order to ensure robust price formation, provide regular and continuous offers, automate processes and minimize cost. In the new system, brokerage institutions will be able to lend the equities that are included in Borsa Istanbul “BIST 30 Index” using the “Automatic Lending Instruction Screens” developed by Takasbank. New enhancements will allow brokerage institutions to mitigate their operational burdens and investors to borrow equities with very low costs. In addition, these transactions will be carried out with the assurance of the central counterparty service provided by Takasbank.

As a result of the improvements made by Takasbank, it is aimed to execute securities lending transactions, that are mainly traded in over-the-counter markets, through an organized market with automated processes, competitive costs and Takasbank central counterparty assurance.

Kindly brought to the public attention.