The ECM was established as a distinct market within the ISE to create a transparent and organized platform where securities, issued in order to raise funds from the capital markets by companies with growth and development potential, can be traded.

ECM traded shares are registered in the Central Registry Agency (CRA) system in dematerialized form. The custody and settlement of ECM included shares are done in the same method as the shares traded on the Stock Market and their trading is also carried out on the same electronic platform with the Stock Market although by different trading methods. Trades are conducted according to the ECM Regulation on the ISE Electronic Trading System, subject to the Capital Markets Regulations. Mainly, “Continuous Auction with Market Maker” method is used for trading. While “Single Price” method is used for the trading boards without a market maker. Cash and security settlement of trades are completed by the ISE Settlement and Custody Bank (Takasbank).