{"id":32283,"date":"2019-05-01T10:52:13","date_gmt":"2019-05-01T10:52:13","guid":{"rendered":"https:\/\/leverate.com\/uncategorized-tr\/buyuk-britanya-esmanin-yasagini-kalici-hale-getirdi-ab-de-aynisini-yapar-mi\/"},"modified":"2025-11-16T13:17:50","modified_gmt":"2025-11-16T13:17:50","slug":"buyuk-britanya-esmanin-yasagini-kalici-hale-getirdi-ab-de-aynisini-yapar-mi","status":"publish","type":"post","link":"https:\/\/leverate.com\/tr\/blog-tr\/duzenleme\/buyuk-britanya-esmanin-yasagini-kalici-hale-getirdi-ab-de-aynisini-yapar-mi\/","title":{"rendered":"B\u00fcy\u00fck Britanya ESMA&#8217;n\u0131n yasa\u011f\u0131n\u0131 kal\u0131c\u0131 hale getirdi: AB de ayn\u0131s\u0131n\u0131 yapar m\u0131?"},"content":{"rendered":"<p><strong>Bitcoin\u2019in 2018\u2019de g\u00f6zden d\u00fc\u015fmesinin yan\u0131 s\u0131ra, \u00f6nceki y\u0131l\u0131n di\u011fer k\u00f6t\u00fc \u015fans hikayesi kesinlikle ku\u015fat\u0131lm\u0131\u015f ikili opsiyonun kaderi olmal\u0131. Bir zamanlar bilgili OTC t\u00fcccarlar\u0131n\u0131n ilgi alan\u0131na giren bu finansal ara\u00e7, \u0130ngiliz yetkililerin genel bir yasak \u00f6nerdi\u011fi noktaya kadar doland\u0131r\u0131c\u0131lar taraf\u0131ndan k\u00f6t\u00fcye kullan\u0131ld\u0131. \u0130ngiltere ve Avrupa\u2019n\u0131n geri kalan\u0131 taraf\u0131ndan ticaret tarifeleri ve Brexit\u2019in di\u011fer mali komplikasyonlar\u0131 \u00fczerine y\u00fcr\u00fct\u00fclen mevcut sava\u015fa ra\u011fmen, AB\u2019nin kendi toplam ikili opsiyon yasa\u011f\u0131yla \u0130ngiltere\u2019yi takip etmeye haz\u0131r olabilece\u011fi g\u00f6r\u00fcl\u00fcyor. <\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-2492 alignnone\" src=\"https:\/\/leverate.com\/wp-content\/uploads\/2020\/07\/shutterstock_1174442599-1.jpg\" alt=\"FCA\" width=\"322\" height=\"214\" srcset=\"https:\/\/leverate.com\/wp-content\/uploads\/2020\/07\/shutterstock_1174442599-1.jpg 600w, https:\/\/leverate.com\/wp-content\/uploads\/2020\/07\/shutterstock_1174442599-1-300x200.jpg 300w\" sizes=\"(max-width: 322px) 100vw, 322px\" \/><\/p>\n<p>Avrupa Menkul K\u0131ymetler ve Piyasalar Otoritesi\u2019nin (ESMA) ikili opsiyon ticaretine ge\u00e7ici bir k\u0131s\u0131tlama getirme karar\u0131n\u0131n ard\u0131ndan, Birle\u015fik Krall\u0131k\u2019taki Mali Davran\u0131\u015f Otoritesi\u2019nin (FCA) \u00f6nc\u00fcl\u00fc\u011f\u00fcnde AB\u2019nin de ikili opsiyon ticaretinin tamamen yasaklanmas\u0131 i\u00e7in bask\u0131 yapabilece\u011fi g\u00f6r\u00fcl\u00fcyor. \u0130kili opsiyonlar, bir hissenin, para biriminin, emtian\u0131n veya bir endeksin fiyat\u0131n\u0131n belirli bir s\u00fcre i\u00e7inde y\u00fckselip y\u00fckselmeyece\u011fine dair a\u00e7\u0131k bir bahsi i\u00e7erir. <\/p>\n<p><!-- \/wp:post-content --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>ESMA, t\u00fcrev enstr\u00fcman\u0131n al\u0131m sat\u0131m\u0131n\u0131 birka\u00e7 kez durdurmu\u015ftu, ancak \u00e7e\u015fitli g\u00fc\u00e7ler, otoritenin tam bir yasak i\u00e7in bask\u0131 yapmas\u0131n\u0131 engellemi\u015fti. Finansal Ara\u00e7 Piyasalar\u0131 Y\u00f6netmeli\u011fi\u2019ne (MiFIR) g\u00f6re, ESMA \u015f\u00fcpheli emtialar\u0131n ticaretine yaln\u0131zca \u00fc\u00e7 ayl\u0131k yasaklar uygulamakla y\u00fck\u00fcml\u00fcyd\u00fc. <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u0130kili opsiyon yasa\u011f\u0131na ek olarak, FCA ayr\u0131ca Fark S\u00f6zle\u015fmelerinin veya CFD\u2019lerin yasaklanmas\u0131n\u0131 da \u00f6nerdi. Bu s\u00f6zle\u015fmeler, sat\u0131c\u0131n\u0131n al\u0131c\u0131ya belirli bir varl\u0131\u011f\u0131n mevcut ve gelecekteki de\u011feri aras\u0131ndaki fark\u0131 \u00f6demek \u00fczere s\u00f6zle\u015fmeli olmas\u0131 bak\u0131m\u0131ndan ikili opsiyonlara benzer \u015fekilde \u00e7al\u0131\u015f\u0131r. Fark negatifse, al\u0131c\u0131 fark\u0131 sat\u0131c\u0131ya \u00f6der. \u0130lk olarak 1990\u2019larda Londra\u2019da me\u015fru bir pozisyon riskinden korunma y\u00f6ntemi olarak geli\u015ftirilen CFD\u2019ler, profesyonel olmayanlar\u0131n \u00e7ok \u00e7e\u015fitli finansal varl\u0131klar\u0131n piyasa y\u00f6n\u00fc \u00fczerine h\u0131zl\u0131 bahisler oynamas\u0131n\u0131n bir yolu olarak h\u0131zla pop\u00fcler hale geldi. CFD\u2019nin g\u00f6zden d\u00fc\u015fmesi, 2009 y\u0131l\u0131nda, enstr\u00fcmanlar\u0131n i\u00e7eriden \u00f6\u011frenenlerin ticaretiyle ilgili standart a\u00e7\u0131klama kurallar\u0131ndan gizlenmenin bir yolu olarak dayanak hisse senedi yerine kullan\u0131lmas\u0131yla ba\u015flad\u0131. Birle\u015fik Krall\u0131k\u2019\u0131n FCA\u2019s\u0131, ikili opsiyon ticareti yasa\u011f\u0131na ek olarak, CFD ticaretine de \u00e7ok \u00e7e\u015fitli k\u0131s\u0131tlamalar getirdi.       [more_in]<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>FCA taraf\u0131ndan Mart ay\u0131 sonlar\u0131nda \u00f6nerilen \u00f6nlemler, esasen ESMA taraf\u0131ndan halihaz\u0131rda uygulamaya konulanlarla ayn\u0131d\u0131r, ancak k\u0131s\u0131tlamalar kal\u0131c\u0131 hale gelir ve daha fazla mevzuata a\u00e7\u0131k de\u011fildir. FCA karar\u0131n\u0131n ard\u0131ndan, ESMA\u2019n\u0131n da ayn\u0131 \u015feyi yapmas\u0131 ve ikili opsiyonlara y\u00f6nelik kendi yasa\u011f\u0131n\u0131 kal\u0131c\u0131 hale getirmesi an meselesi. ESMA\u2019n\u0131n karar\u0131 hi\u00e7bir \u015fekilde otomatik olmasa da, ikili opsiyon ticaretini yasaklamak i\u00e7in oy kullanacaklar\u0131 muhtemel g\u00f6r\u00fcn\u00fcyor. Bu, CFD ticaretini yine de me\u015fru bir mekanizma haline getirecek ve bu da muhtemelen o finansal ara\u00e7ta ticareti art\u0131racakt\u0131r. Bununla birlikte, doland\u0131r\u0131c\u0131l\u0131klar\u0131n devam etmesi muhtemel oldu\u011fundan, CFD\u2019lerin de nihayetinde K\u0131ta Avrupas\u0131\u2019nda i\u015flem g\u00f6rmesinin yasaklanmamas\u0131 \u015fa\u015f\u0131rt\u0131c\u0131 olacakt\u0131r.    <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;in 2018&#8217;de g\u00f6zden d\u00fc\u015fmesinin yan\u0131 s\u0131ra, \u00f6nceki y\u0131l\u0131n di\u011fer k\u00f6t\u00fc \u015fans hikayesi kesinlikle ku\u015fat\u0131lm\u0131\u015f ikili opsiyonun kaderi olmal\u0131.<\/p>\n","protected":false},"author":2,"featured_media":10070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[308],"tags":[856,455,692,855,363],"class_list":["post-32283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-duzenleme","tag-birlesik-krallik","tag-duzenleme","tag-esma-tr","tag-fca-tr","tag-kaldir"],"acf":[],"_links":{"self":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts\/32283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/comments?post=32283"}],"version-history":[{"count":0,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts\/32283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/media\/10070"}],"wp:attachment":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/media?parent=32283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/categories?post=32283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/tags?post=32283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}