Istanbul Stock Exchange

Membership Fees

There are two types of membership fees, entrance and annual.

Presently, the Membership Entrance Fee is set as 400 Billion TL

For the existing members, the Annual Fee is 300 Million TL

The amount of both membership entrance and annual fee can be changed by a decision that will be taken by the ISE Executive Council and ratification by the CMB.

Exchange Fees

The Exchange Fee is calculated as a percentage of the trades executed by members. The Exchange Fee paid to the Exchange by members for each market is as follows:

Bonds and Bills Market Fee

ISE Repo/Reverse Repo Market	Exchange Fee
O/N Transactions	0.75 Per Hundred Thousand = (25 Per Ten Thousand * 0.15 Percent)* 2
Other Maturities	4 Per Hundred Thousand = (25 Per Ten Thousand * 0.8 Percent )* 2
ISE Outright Purchases/Sales Market	Exchange Fee
Purchases/Sales	2 Per Hundred Thousand = (25Per Ten Thousand * 0.8 Percent)
Off Exchange Outright Sales Transactions	Exchange Fee
Sales	9 Per Hundred Thousand = (25 Per Ten Thousand * 1.8 Percent)* 2
Off Exchange Repo/Reverse Repo Transactions	Exchange Fee
O/N Transactions	2.925 Per Hundred Thousand = (25 Per Ten Thousand * 0.585 Percent )* 2
Other Maturities	9 Per Hundred Thousand = (25 Per Ten Thousand * 1.8 Percent)* 2

Stock Market Exchange Fees

Stock Market	1 Per Hundred Thousand (75 Per Ten Thousand * Per Thousand 1.33 )

* : At Whole Sales Market, Watch List Companies Market and Regional Market, the same Stock Market Exchange Fee is applied. As for the New Companies Market, 50% of the Stock Market Exchange Fee is paid.

ISE Foreign Securities Market Exchange Fee

International Bonds Market	Exchange Fee (% of traded value)
Outright purchases and sales	0,15 bp