Turkey (BIST)

Order Placement Your designated Trading Representative

 

Trading Lot 1 lot (1 lot = 1 share)
Live Price Via your designated Trading Representative
Exchange ISE
Minimum Bid Size 0.01
Singapore Time Opening Auction1 3:30pm – 3:50pm
Morning Session 3:50pm – 6:30pm
Market Break 6:30pm – 8:00pm
Opening Auction 8:00pm – 8:15pm
Afternoon Session 8:15pm – 11:30pm
Closing Auction 11:30pm – 11:38pm
Trade at Closing Price 11:38pm – 11:40pm
Cut-Off Time 11:30pm to 11:45pm (Order submission will not be accepted)
Turkey Time Opening Auction 9:30am – 9:50am
Morning Session 9:50am – 12:30pm
Market Break 12:30pm – 2:00pm
Opening Auction 2:00pm – 2:15pm
Afternoon Session 2:15pm – 5:30pm
Closing Auction 5:30pm – 5:38pm
Trade at Closing Price 5:38pm – 5:40pm
Cut-Off Time 5:30pm to 5:45pm (Order submission will not be accepted)
  1. Limit order – order will be executed at order price or better.
  2. All orders are only valid for one trading day. Orders not done will be cancelled at the end of each trading day.
  3. Starts on last Sunday of March and ends last Sunday of October.
  4. Should the due date coincide with Singapore public holiday/s – The due date will follow the traded market’s due date.
Settlement Date4 T+2 market days
Settlement Currency SGD
Order Amalgamation Yes (Conditions for Amalgamation, click here)
Contra Trading Yes
CPF Settlement No

Note: For payment methods, please click here.

  1. Limit order – order will be executed at order price or better.
  2. All orders are only valid for one trading day. Orders not done will be cancelled at the end of each trading day.
  3. Starts on last Sunday of March and ends last Sunday of October.
  4. Should the due date coincide with Singapore public holiday/s – The due date will follow the traded market’s due date.

2024

Month Day Date Holidays Settlement Trading Day
January Monday 1 January New Year’s Day No No
April Tuesday 9 April Ramadan Half-day No Partial
Wednesday 10 April Ramadan (shaker) Bairam 1 No No
Thursday 11 April Ramadan (shaker) Bairam 1 No No
Friday 12 April Ramadan (shaker) Bairam 2 No No
Tuesday 23 April National Sovereignty And C No No
May Wednesday 1 May Labour And Solidarity Day No No
June Monday 17 June Kurban Bairam 4 No No
Tuesday 18 June Kurban Bairam 1 No No
Wednesday 19 June Kurban Bairam 2 No No
Thursday 20 June Kurban Bairam 3 No No
July Monday 15 July National Democracy Day No No
August Friday 30 August Victory Day No No
October Monday 28 October Republic Day Half-day No Partial
Tuesday 29 October Republic Day No No

Note: Information is correct at the time of posting

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IMPORTANT INFORMATION

This material is provided by Phillip Capital Management (S) Ltd (“PCM”) for general information only and does not constitute a recommendation, an offer to sell, or a solicitation of any offer to invest in any of the exchange-traded fund (“ETF”) or the unit trust (“Products”) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You should read the Prospectus and the accompanying Product Highlights Sheet (“PHS”) for key features, key risks and other important information of the Products and obtain advice from a financial adviser (“FA“) pursuant to a separate engagement before making a commitment to invest in the Products. In the event that you choose not to obtain advice from a FA, you should assess whether the Products are suitable for you before proceeding to invest. A copy of the Prospectus and PHS are available from PCM, any of its Participating Dealers (“PDs“) for the ETF, or any of its authorised distributors for the unit trust managed by PCM.  

An ETF is not like a typical unit trust as the units of the ETF (the “Units“) are to be listed and traded like any share on the Singapore Exchange Securities Trading Limited (“SGX-ST”). Listing on the SGX-ST does not guarantee a liquid market for the Units which may be traded at prices above or below its NAV or may be suspended or delisted. Investors may buy or sell the Units on SGX-ST when it is listed. Investors cannot create or redeem Units directly with PCM and have no rights to request PCM to redeem or purchase their Units. Creation and redemption of Units are through PDs if investors are clients of the PDs, who have no obligation to agree to create or redeem Units on behalf of any investor and may impose terms and conditions in connection with such creation or redemption orders. Please refer to the Prospectus of the ETF for more details.  

Investments are subject to investment risks including the possible loss of the principal amount invested. The purchase of a unit in a fund is not the same as placing your money on deposit with a bank or deposit-taking company. There is no guarantee as to the amount of capital invested or return received. The value of the units and the income accruing to the units may fall or rise. Past performance is not necessarily indicative of the future or likely performance of the Products. There can be no assurance that investment objectives will be achieved.  

Where applicable, fund(s) may invest in financial derivatives and/or participate in securities lending and repurchase transactions for the purpose of hedging and/or efficient portfolio management, subject to the relevant regulatory requirements. PCM reserves the discretion to determine if currency exposure should be hedged actively, passively or not at all, in the best interest of the Products.  

The regular dividend distributions, out of either income and/or capital, are not guaranteed and subject to PCM’s discretion. Past payout yields and payments do not represent future payout yields and payments. Such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value (“NAV”) of the Products. Please refer to <www.phillipfunds.com> for more information in relation to the dividend distributions.  

The information provided herein may be obtained or compiled from public and/or third party sources that PCM has no reason to believe are unreliable. Any opinion or view herein is an expression of belief of the individual author or the indicated source (as applicable) only. PCM makes no representation or warranty that such information is accurate, complete, verified or should be relied upon as such. The information does not constitute, and should not be used as a substitute for tax, legal or investment advice.  

The information herein are not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject PCM to any registration or licensing requirement in such jurisdiction or country. The Products is not offered to U.S. Persons. PhillipCapital Group of Companies, including PCM, their affiliates and/or their officers, directors and/or employees may own or have positions in the Products. Any member of the PhillipCapital Group of Companies may have acted upon or used the information, analyses and opinions herein before they have been published. 

This advertisement has not been reviewed by the Monetary Authority of Singapore.  

 

Phillip Capital Management (S) Ltd (Co. Reg. No. 199905233W)  
250 North Bridge Road #06-00, Raffles City Tower ,Singapore 179101 
Tel: (65) 6230 8133 Fax: (65) 65383066 www.phillipfunds.com