Borsa Istanbul will replace more than a quarter of BIST-100 constituents after a fund LiquidityDefinition Liquidity describes how easily buying and selling can occur without requiring a large change in price. A liquid market generally has active participation...Read More crisis and new MarketDefinition A market is an environment where buyers and sellers come together to exchange assets, goods, services, or financial instruments. Prices form as buyers and selle...Read More eligibility rules.
Borsa Istanbul will replace more than a quarter of the BIST-100's constituents from next month in its biggest reshuffle since new market-structure rules were introduced six years ago. The announcement follows an investment-fund liquidity crisis that contributed to an 8% drop in the benchmark last week. Turkey's Capital Markets Board has ordered the liquidation of 131 funds managed by seven firms, while Borsa Istanbul has tightened Star Market eligibility using share-price VolatilityDefinition Volatility describes the size and speed of price changes over time. A high-volatility market makes larger or faster moves, while a low-volatility market...Read More and equity-size criteria that also affect eligibility for major benchmark indices.
