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Turkish Capital Markets Board says it has decided to stop purchases and sales in funds managed by Tera, Pusula, Hedef, Atlas, A1, Pardus and Bulls

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Turkey's Capital Markets Board halted transactions and ordered liquidation of funds managed by seven firms, while cutting the minimum margin trading equity maintenance ratio to 20%.

News detail

Statement says funds managed by fund management companies will be liquidated as per Capital Markets Board rules. Minimum equity maintenance ratio for margin trading transactions has been reduced from to 20% (prev. 35%)

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