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New trading rules

November 2010 - Finance. Legal Developments by Pekin & Pekin.

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The CMB amended some of ISE stock market trading rules with its decision (dated 23 July 2010 and numbered 21/657) (the “Decision”). According to the Decision, all companies traded on the ISE will be classified into three groups (A, B or C). The trading rules are differentiated based on this classification.

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About Pekin & Pekin

Pekin & Pekin is a full-service Turkish law firm based in Istanbul. The Firm advises on cross-border transactions in Turkey and the region, and over the 40 years since establishment has gained broad experience in both international and Turkish law. A member of Lex Mundi, TerraLex and SEE Legal, and advisor to ISDA and ICMA, the Firm is committed to excellence and has a culture of participation and success, driving all to exceed client objectives.

For more on Pekin & Pekin visit:

www.pekin-pekin.com 

For more information contact:          

Charlotte McCrudden                            

Business Development

charlotte@pekin-pekin.com

T: +90 212 313 3503