Certificates are traded on Borsa Istanbul in a similar manner to equities through the “continuous auction method with market maker”. Ak Investment transmits continuous buy-sell quotations to Borsa Istanbul while acting as market maker for the certificates it has issued. Orders cannot be sent during the opening and closing sessions. Investors who sign the risk declaration form can buy and sell certificates without depositing collateral through any brokerage house or bank investment account. The price step in certificates is 1 Turkish Cent per price level as in warrants and the minimum transaction size is 1 unit.
