TRANSACTION HOURS

Futures and Options Market Trading Hours Hours Half Day Time
Distrubution of accrued interest  7:30  7:30
Collateral Deposit- Withdrawal Start Time 8:00 8:00
Distribution of profit not distributed due to previous business day cash deficit 8:15 (T+1) 8:15 (T + 1)
Cash Settlement Cut-off Time (Default Start Time) 15:00 11:00
TL Collateral Withdrawal Cut-off Time 15:40 11:40
Interest Accrual Cut-off Time  15:40 11:40 
No Interest Accrual Instruction Cut-off Time 15:40 11:40 
Physical Delivery Cut-off Time for EWR Futures Contracts (Default Start Time) 17:00 14:00 
Foreign Currency Collateral Withdrawal Cut-off Time 17:00 12:00
Other Collaterals (excluding TL-FX)  Withdrawal Cut-off Time 17:30 12:30
Collateral Deposit Cut-off Time 17:30  12:30
Deadline for sending accounts opened in CRA to BISTECH 18:15 12:45
Settlement Price Announcement 19:00  13:30 
Option Exercise Order Cut-off Time 19:20  13:50 
Deny of Automatic Option Exercise Time  Cut-off Time 19:20 13:50
BISTECH Account Opening/Association Cut-off Time  19:20+ 13:50+
Finalized Profit/Loss Calculation Time(After business batch) 19:20 + 13:50+
Start of evening batch 19:30  14:00
Account Updating Process (Addition of Profits/Collection of Loss) (End of evening batch) 19:30+ 14:00+
Margin Call (End of evening batch) 19:30+ 14:00+

Notification of Positions in the Global Accounts

21:00 16:00
End-of-Day Operations in Settlement Screen (TVIS)  21:30+ 16:30+

 

  • (*) The cut-off time for withdrawing collateral in foreign currency are for transfers between accounts held with Takasbank. Takasbank foreign currency cash operation business rules are applied for withdrawal from cash correspondents.