DISTANCE CONTRACTS PRE-INFORMATION FORM REGARDING FINANCIAL SERVICES
Tera Yatırım Menkul Değerler A.Ş. (hereinafter referred to as
“Tera
Yatırım”) may enter into framework agreements with its Clients within the scope of its
authorities in accordance with Article 5 of the
“Communiqué on Documentation and
Record Keeping in Investment Services and Activities and Ancillary Services”
(III-45.1), which entered into force upon publication in the Official Gazette dated
01.08.2015 and numbered
29432, and pursuant to the provisions of
the
Regulation on Distance Contracts for Financial Services.
In this context, this
Pre-Information Form has been prepared pursuant to Article 5
of the
Regulation on Distance Contracts for Financial Services, which was enacted
based on Articles 49 and 84 of the
Law No. 6502 on the Protection of Consumers
dated
07.11.2013, and published in the Official Gazette dated
31.01.2015 and numbered
29253.
Information Regarding the Investment Institution Providing the Financial Service:
- Title: Tera Yatırım Menkul Değerler A.Ş.
- Address: Eski Büyükdere Cd. İz Plaza Giz No:9 Floor:11 Maslak
SARIYER / ISTANBUL
- Phone: +90 553 732 14 23
- Fax: +90 212 290 69 95
- E-mail Address: [email protected]
- MERSIS Number: 781014040900015
- Main Field of Activity of the Company: Brokerage activities, including
exchange brokerage and futures trading.
Main Characteristics of the Financial Service:
The Company is authorized as a
broadly authorized intermediary institution by the
Capital Markets Board under the
Capital Markets Law No. 6362 to engage in
Order Transmission, Public Offering Intermediation (Underwriting), Transaction
Intermediation, Portfolio Intermediation, and Limited Custody Services.
Tera
Yatırım also provides ancillary services limited to investment services and activities,
including
margin trading, securities lending transactions, foreign exchange
services
investment research and financial analysis, or general investment advice related to capital
market instruments.
Information on the Costs of the Financial Service:
All taxes, fees (such as
BITT, Stamp Duty, etc.), and other charges required by law
and paid to the government or other authorized institutions during the execution of financial
services shall be borne by the Client.
Commission, interest, and expenses are
announced on
Tera Yatırım’s website at
/?lang=en. The commissions, spreads, fees, charges, and
similar obligations related to the transactions to be carried out within the scope of this Agreement
are
not fixed and are valid as of the date the Agreement is concluded.
Any changes to the expense and commission items will be notified to the Client via
registered or unregistered email, the Transaction Platform, or the website. If the
Client does not object to such changes within
3 (three) business days from the date
of the notice and/or announcement, the changes will be implemented on the
4th business
day. The Client’s right to terminate the Agreement remains reserved.
Default interest and similar obligations arising from transactions conducted under
this Agreement are
not fixed, and the calculation methods are included in the
Framework Agreements to be executed with the Client. However, the Client shall be
responsible for any losses and costs that arise if the Client fails to fulfill the obligations
arising from the orders given.
Due to the nature of the financial instruments or the transactions to be carried out: Information
regarding financial instruments that involve
special risks or whose prices
fluctuate based on market movements beyond the control of
Tera Yatırım, or whose
past performance does not indicate future results, is included in the
Risk Disclosure
Forms that are required to be read and signed prior to the execution of the
Agreement.
Taxes Payable by the Client (If Any):
All taxes such as the
Banking and Insurance Transaction Tax (BITT) and others
stipulated by the applicable legislation, as well as any costs, commissions, and expenses charged by
Exchanges, Takasbank, CRA (MKK), and other relevant institutions, shall be borne by
the Client.
Information Regarding the Validity Period of the Information Provided:
The prices of the securities subject to the transactions vary
instantly and daily
depending on the market conditions in which the transactions are executed.
Information on Payment and Performance:
Payments and performance shall be made from the Client’s
current and/or margin
account held at
Tera Yatırım within the timeframes stipulated by the
legislation, in accordance with the provisions set out in the contracts.
If the Use of Remote Communication Tools Results in Additional Costs to Be Borne by the
Client, Related Information:
No additional cost shall be charged to the Client due to the use of remote
communication tools.
Right of Withdrawal:
Pursuant to
Article 13 of the Regulation on Distance Contracts for Financial
Services, the
right of withdrawal does not apply to the financial service
subject to this contract.
Minimum Duration and Termination Method of the Agreement:
There is no minimum duration for agreements concluded for an indefinite period. Both parties
have the right to unilaterally terminate the agreement, and the procedures and conditions
related to the termination are set out in the agreement signed between the parties.
Pursuant to Article 7 of the Regulation on Distance Contracts for Financial
Services:
The Client’s full name, address, and, if available, email address, telephone number, and
other contact information are specified in the agreements.
Complaints and applications regarding the services provided by Tera Yatırım can primarily be
submitted electronically via /iletisim?lang=en. After receiving a written or
verbal response to your complaint, you may also submit your complaint or objection to the
Turkish Capital Markets Association or the Capital Markets Board. You may also apply to the
competent and authorized courts.
Information on Guarantee Funds or Other Compensation Mechanisms:
In accordance with the first paragraph of
Article 83 of the Capital Markets Law No.
6362, the
Investor Compensation Center (www.ytm.gov.tr), which is a public legal
entity, has been established to fulfill compensation decisions issued by the
Capital Markets
Board in cases where investment institutions fail to fulfill their obligations to make
cash payments or deliver capital market instruments.
Additionally, in markets where the
Istanbul Clearing, Settlement and Custody Bank Inc.
(Takasbank) acts as a central counterparty, a
guarantee fund exists.
Detailed information regarding the guarantee fund and its operation can be found at
https://www.takasbank.com.tr/en.
Pursuant to
Article 13 of the Regulation on Distance Contracts for Financial
Services, the Client
does not have the right of withdrawal. However,
in contracts for financial services where the price is subject to fluctuations in financial markets
outside of
Tera Yatırım’s control and such changes may occur within the withdrawal
period, the
Consumer cannot exercise the right of withdrawal.
Examples of such contracts, including but not limited to, are
foreign exchange transactions,
money market instruments, transferable securities, mutual fund shares, derivative instruments
based on financial assets with or without cash settlement, forward rate agreements, interest,
currency and equity swaps, options, and other equivalent cash-settled financial
instruments.
This form consists of
3 (three) pages. I hereby declare that I have read and
understood the information included in the
Pre-Information Form for Distance Contracts
Regarding Financial Services, that I accept it, that I have signed this form of my own
free will, and that I have received a copy of it.