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Market Rules

Members (82)

Banks (22)
Currency Offices (32)
Precious Metals Companies (20)
Precious Metals Producing and Marketing Companies (8)

Standards

 

Gold Silver Platinum
Standard Precious Metals (minumum fineness) 995/1000 99,9 /100 99,95/100
Non - Standard Precious Metals (minumum fineness) between 585/1000 and 995/1000 between 90,0/100 and 99,9/100 between 90,0/100 and 99,95/100

 

Minumum Trading Units

  Gold Silver Platinum
Standard Precious Metals 100 gr and multiples
1 kg and multiples
Min. 5 kg much for 1kg and multiples Min. 5kg for 1kg and multiples
Non - Standard Precious Metals minumum kg + gr and multiples min. kg + gr and multiples min. kg + gr and multiples

 

Minumum Price Fluctuation

 

Gold Silver Platinum
Standard Precious Metals TL (1 kr)
USD and Euro
(5 Cent)
TL (1 kr)
USD and Euro
(1 Cent)
TL (1 kr) USD/Euro
(5 Cent)
Non - Standard Precious Metals TL (1 kr)
USD and Euro
(5 Cent)
TL (1 kr)
USD and Euro
(1 Cent)

TL (1 kr)
USD and Euro
(5 Cent)

 

Session Hours

Precious Metals Market
Session : 09:45 - 17:30 Internet Session : 17:45 - 09:40
(Session T+0 trading until 15:30 )
Precious Metals Lending Market
Session : 09:45 - 17:30

Clearing Liabilities

Precious Metals Deliveries Liabilities
At the latest 17:30 for Session
For Monetory Liabilities
For Monetory Liabilities At the latest 15:30-16:45


Exchange and Trading Commission

Internet trading(Gold)
1kg -100kg 1001kg -1000kg 1001kg and over
One per ten thousand 1,5 One per ten thousand 1,25 One per ten thousand 1
Trading (session) Commission
1kg -100kg 101kg -1000kg 1001kg and over
One per ten thousand 1,5 One per ten thousand 1,25 One per ten thousand 1
Buyer and seller are the same for gold
1kg -100kg 101kg -1000kg 1001kg and over
One per ten thousand 6 One per ten thousand 5 One per ten thousand 4
Trading (session) Commission (Silver and Platin) One per ten thousand 1,5
Buyer and seller are the same for silver and platinum One per ten thousand 3
Custody Commission (Gold) One per ten thousand 2
Custody Commission (Silver,Platin) One per ten thousand 3
Safe storage of precious metals commission One per ten thousand 1(monthly)
Non Standart precious metals transaction One per ten thousand 0,5
Domestic Precious Metals Production Transaction Commission One per ten thousand 1,5
Self to self Non-Standard Transaction Commission One per ten thousand 0,5
Self to self Domestic Precious Metals Transaction Commission One per ten thousand 6
Lending transaction commission One per ten thousand 1
Kimberley process certification scheme rough diomond registration commission per thousand 3
Custody Commission for third person and company One per ten thousand 4 (3 monthly cash accessible.)
On Account Blocked Trading Commission One per ten thousand 1(monthly)
Investment Associations / Investment fund custody Commission . One per ten thousand 1(monthly)

Value Date

(T+0) - (T+9) for TL , Euro and USD

Margin

Risk Margin : 10.000 USD cash or guarantee of the margin
Trading Margin : Precious Metal- Cash (TL - Foreign currency) - Treasury Bill or Government Bond
(25 times trading right for T+0,
(20 times trading right for T+1 up to T+5,
12 times trading right for T+6 up to T+9)
Offsetting Margin :10.000 USD Cash or letter of guarantee

Kimberley Process Certification Scheme

(47 members) 1 Carat (Ct) = (100 Points/Santim) = 0,2 Gr
May Amount and Import Datas
  Amount of Transactions Import Data
Gold
Silver
*Click on link for details.