"The TL Cash Liability Hours in TEFAS Have Changed: A New Era Has Begun"

Making Transactions Through TEFAS Easier

Takasbank announced that it has decided to extend the TL cash liability fulfillment time on the Turkey Electronic Fund Purchase and Sale Platform (TEFAS) from 15:00 to 16:00. This change will allow investors to manage their fund transactions more efficiently.

Responding to Investor Demands

The announcement emphasized that significant increases in transaction volumes and the number of orders have been observed due to the recent rise in the number of funds traded on TEFAS and the expansion of the investor base. Takasbank has decided to make the necessary adjustments in response to requests from member institutions on the platform while considering these developments.

Changes and Times

With the new regulation, the extension of the TL cash liability fulfillment time will make investors' flows and transactions more manageable. On the other hand, there have been no changes to the "cut-off time for accepting instructions for same-day value transactions" known as 13:30 and the "settlement time" for buy/sell transactions at 14:00. Takasbank stated that any potential changes to these times will be announced to investors separately.

Investors' Assurance

Takasbank General Manager Yunus Arıncı emphasized in a statement regarding the new regulation that their primary goal is to manage the intensification of investor transactions in a healthy manner. Arıncı stated, "We made the decision to revise the TL cash liability time to support market functioning and alleviate potential bottlenecks in operational processes. We will continue to provide more efficient service to all our stakeholders," he said.