The Capital Markets Board has amended the Communiqué Serial: III-37.1 “Communiqué on Principles Regarding Investment Services and Activities and Ancillary Services” (“Communiqué”) on the maximum leverage ratio applied in leveraged trading transactions and the initial margin amounts required to be deposited in order to perform leveraged trading transactions, and the said amendments were published in the Official Gazette on 10.02.2017.
According to the aforementioned communiqué; the leverage ratio in leveraged transactions is the ratio showing the amount of position that can be taken against the amount of collateral deposited for trading. In leveraged transactions, the leverage ratio to be applied when the position is first opened cannot exceed 10:1. Investors may also use 1:1, 1:10 leverage options provided that they adhere to the maximum leverage ratios.