On Jan. 16, 2025, TUR Cust published general letter 2034 on TEFAS developments.
Attached is comparison table with changes in application principles, test information.
TUR CMA also issued general letter 911 to inform of TUR Cust announcement and a letter explaining the decision taken re the changes in TEFAS application principles.
The changes will be put into effect on Mar. 3, 2025 and the minimum transaction amount for forward value funds will be 100 TL.
On Oct. 10, TUR Cust informed of TEFAS test environment date.
TUR Cust informed of Türkiye Electronic Fund Trading Platform (TEFAS) developments.
Main Developments
Minimum amount control will be introduced to the purchase and sale instruction transmission processes of forward value funds; TL 1,000 minimum instruction amount.
In funds accepting instructions in foreign currency, an instruction transmission will be provided for an amount corresponding to TL 1,000 according to foreign exchange rate.
In fund sales instructions, the sale transaction will be possible if the value of the fund shares in the customer's free sub-account is below the minimum sales amount.
No minimum order amount control will be applied to same day value funds.
Web service return parameters re holidays, amount control, forward value funds.
The test environment will be made ready in Oct. 2024; information will be provided for the test access and test scenario in a general member test announcement.
TEFAS web service documents are updated and are available for members, online.
Jan. 2025 TEFAS Application Principles
On Jan. 16, 2025, TUR Cust published general letter 2034 on TEFAS developments.
Attached is comparison table with changes in application principles, test information.
TUR CMA also issued general letter 911 to inform of TUR Cust announcement and a letter explaining the decision taken re the changes in TEFAS application principles.
The changes will be put into effect on Mar. 3, 2025 and the minimum transaction amount for forward value funds will be 100 TL.
