{"id":276974,"date":"2021-12-11T18:33:15","date_gmt":"2021-12-11T18:33:15","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=academy&#038;p=276974"},"modified":"2022-02-03T06:26:57","modified_gmt":"2022-02-03T06:26:57","slug":"4-tezgah-ustu-ticaret-otc-nedir","status":"publish","type":"academy","link":"https:\/\/www.tr-zfx.com\/tr\/akademi\/4-tezgah-ustu-ticaret-otc-nedir\/","title":{"rendered":"4. Tezg\u00e2h \u00dcst\u00fc Ticaret (OTC) Nedir?"},"content":{"rendered":"<p>Borsa d\u0131\u015f\u0131 ticaret olarak da bilinen <strong>tezg\u00e2h \u00fcst\u00fc ticaret<\/strong> [k\u0131saca OTC (en. Over-the-counter trading)], genellikle merkezi borsada de\u011fil, \u201cbayi a\u011f\u0131\u201d arac\u0131l\u0131\u011f\u0131yla ger\u00e7ekle\u015ftirilen ticaret faaliyetlerini ifade eder. OTC i\u015flemleri, normalde \u00fc\u00e7\u00fcnc\u00fc taraf denetimi gerektirmeyen, do\u011frudan al\u0131c\u0131 ve sat\u0131c\u0131 taraf\u0131ndan bire bir olarak ger\u00e7ekle\u015ftirilir. Finansal piyasada, menkul k\u0131ymetler, tahviller, para birimleri, \u00e7e\u015fitli emtialar da dahil olmak \u00fczere, t\u00fcm\u00fc OTC ticareti yoluyla i\u015flenebilen ticarette \u00e7ok \u00e7e\u015fitli temel varl\u0131klar vard\u0131r.<\/p>\n<p><span data-ccp-props=\"{}\">OTC pazar\u0131, fiziksel bir konum zorunlu olmad\u0131\u011f\u0131 i\u00e7in sanal bir pazar yeridir. Bilgi teknolojisi ilerledik\u00e7e, uluslararas\u0131 ticaret ileti\u015fimi, geleneksel telgraf ve telefon kullanmaktan, t\u00fcm g\u00fcnl\u00fck i\u015flemleri i\u015flemek i\u00e7in a\u011f sistemlerini benimsemeye do\u011fru evrilmi\u015ftir. Brokerler, elektronik ticaret platformlar\u0131 arac\u0131l\u0131\u011f\u0131yla di\u011fer brokerlerden veya m\u00fc\u015fterilerinden fiyat teklifi talep edebilir. <\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h3><span style=\"color: #0055a5;\"><b>Tezg\u00e2h \u00dcst\u00fc Ticaretin \u00d6zellikleri<\/b>\u00a0<\/span><\/h3>\n<p>En \u00f6nemlisi, taban ticareti, merkezi borsada ger\u00e7ekle\u015ftirilir, b\u00f6ylece ticaret bilgileri, dayanak varl\u0131k ve \u00fcr\u00fcnlere ili\u015fkin standart s\u00f6zle\u015fmelerle, d\u00fczenlemeler kapsam\u0131nda piyasada tamamen g\u00f6r\u00fcn\u00fcr ve \u015feffaf olur. Ancak, OTC ticareti, borsa d\u00fczenleme \u00e7er\u00e7evesine tabi olmayan \u00e7e\u015fitli i\u015flemlere a\u00e7\u0131kt\u0131r. Yat\u0131r\u0131mc\u0131lar, Opsiyon, vadeli s\u00f6zle\u015fmeler, takaslar ve di\u011fer standartla\u015ft\u0131r\u0131lmam\u0131\u015f finansal t\u00fcrev \u00fcr\u00fcnleri kullanarak menkul k\u0131ymetler, emtialar, d\u00f6viz dahil olmak \u00fczere standartla\u015ft\u0131r\u0131lmam\u0131\u015f s\u00f6zle\u015fmelerin ticaretini yapabilirler.<\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">OTC ticareti, merkezi borsa ticaretinden daha esnektir. OTC al\u0131m sat\u0131m faaliyetlerinin, s\u00f6z konusu pazar\u0131n likiditesi oldu\u011fu s\u00fcrece borsan\u0131n al\u0131m sat\u0131m saatini takip etmesi gerekmez. Bu nedenle bir\u00e7ok pop\u00fcler <strong>OTC \u00fcr\u00fcn\u00fcn\u00fcn i\u015flem saatleri 7\/24<\/strong> olabilir. <\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h3><span style=\"color: #0055a5;\"><b>OTC Kat\u0131l\u0131mc\u0131lar\u0131 ve \u0130\u015flemleri <\/b>\u00a0<\/span><\/h3>\n<p><span data-ccp-props=\"{}\">Ayr\u0131ca, OTC piyasas\u0131nda \u015firketler, arac\u0131 kurumlar, yat\u0131r\u0131m \u015firketleri ve her b\u00fcy\u00fckl\u00fckteki yat\u0131r\u0131mc\u0131 gibi belirli giri\u015f gereksinimleri veya profilleri olmayan bir\u00e7ok kat\u0131l\u0131mc\u0131 vard\u0131r. \u00c7ok say\u0131da farkl\u0131 kat\u0131l\u0131mc\u0131ya sahip olmak, bir \u015fekilde OTC piyasas\u0131n\u0131n piyasa likiditesini geli\u015ftirmesini ve fiyatland\u0131rma \u015feffafl\u0131\u011f\u0131n\u0131 geli\u015ftirmesini sa\u011flar. <\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u0130lgili Makale: What is market liquidity?<\/span><\/p>\n<p><span data-ccp-props=\"{}\">Bu nedenle, h\u00fck\u00fcmet ve ilgili kurumlar OTC i\u015flemlerini do\u011frudan denetlememektedir. Ba\u015fka bir deyi\u015fle, al\u0131c\u0131lar\u0131n ve sat\u0131c\u0131lar\u0131n, ayr\u0131nt\u0131lar\u0131 a\u00e7\u0131klama zorunlulu\u011fu olmadan do\u011frudan al\u0131m sat\u0131mlar\u0131 m\u00fczakere etmelerine olanak tan\u0131r. Bu nedenle, ticarette bilgi asimetrisi ve opak fiyatland\u0131rma sorunlar\u0131 ortaya \u00e7\u0131kabilir. Nihai i\u015flem fiyat\u0131 ile ger\u00e7ek piyasa fiyat\u0131 aras\u0131nda bir fiyat farkl\u0131l\u0131\u011f\u0131 olmas\u0131 yayg\u0131nd\u0131r. Kamu yat\u0131r\u0131mc\u0131lar\u0131n\u0131n \u00e7\u0131karlar\u0131n\u0131 korumak ve OTC i\u015flemlerinin herhangi bir piyasa kaosu yaratmamas\u0131n\u0131 sa\u011flamak i\u00e7in baz\u0131 \u00fclkeler ve h\u00fck\u00fcmetler, OTC piyasas\u0131n\u0131n d\u00fczenli bir \u015fekilde b\u00fcy\u00fcmesini sa\u011flamak i\u00e7in kurallar ve politikalar uygulamak i\u00e7in belirli d\u00fczenleyici kurumlar kurmu\u015ftur. <\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h3><span style=\"color: #0055a5;\"><b>Karanl\u0131k Havuz (Dark Pool) Ticareti<\/b>\u00a0<\/span><\/h3>\n<p><span data-ccp-props=\"{}\">Finans piyasas\u0131nda yayg\u0131n olarak bilinen karanl\u0131k havuz ticareti de OTC ticaretine aittir. Temel olarak, bir dizi b\u00fcy\u00fck kurumsal yat\u0131r\u0131mc\u0131n\u0131n anonim bir \u015fekilde merkezi borsa d\u0131\u015f\u0131nda ticaret yapmas\u0131na izin verir. Karanl\u0131k havuzlarda i\u015flem yapmak, yaln\u0131zca olumsuz fiyat oynakl\u0131\u011f\u0131n\u0131 azaltmakla kalmaz, ayn\u0131 zamanda d\u00fc\u015f\u00fck i\u015flem g\u00f6ren bir piyasada sipari\u015fleri e\u015fle\u015ftirerek al\u0131m sat\u0131m\u0131 kolayla\u015ft\u0131r\u0131r ve al\u0131c\u0131lara ve sat\u0131c\u0131lara ba\u015fka bir likidite yolu sa\u011flar. <\/span><\/p>\n<p><strong>Sonraki Makale:<\/strong>\u00a0<span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/www.zfx.com\/academy\/what-is-cfd\/\">5. Understanding <\/a>t<a href=\"https:\/\/www.zfx.com\/academy\/what-is-cfd\/\">he risks of investment correctly<\/a><\/strong><\/span><\/p>\n<p>\u2014<\/p>\n<h5><strong><a href=\"\/tr\/zfx-hakkinda\/\">ZFX (Zeal Capital Market)<\/a> Hakk\u0131nda<\/strong><\/h5>\n<ul>\n<li><strong>FCA ve FSA taraf\u0131ndan d\u00fczenlenen Financial Weekly&#8217;den 2019 En \u0130yi Ticaret Platformu \u00d6d\u00fcl\u00fc.<\/strong><\/li>\n<li><strong><a href=\"\/tr\/urunler\/forex\/\">Forex<\/a>, <a href=\"\/tr\/urunler\/hisseler\/\">Hisse Senetleri<\/a>, <a href=\"\/tr\/urunler\/endeksler\/\">Endeksler<\/a>, <a href=\"\/tr\/urunler\/emtialar\/\">Alt\u0131n<\/a>, <a href=\"\/tr\/urunler\/emtialar\/\">Ham Petrol<\/a> vb. dahil olmak \u00fczere 100&#8217;den fazla al\u0131m sat\u0131m varl\u0131\u011f\u0131.<\/strong><\/li>\n<li><strong>Her m\u00fc\u015fterinin ihtiya\u00e7lar\u0131n\u0131 kar\u015f\u0131lamak i\u00e7in <a href=\"\/tr\/hesaplar\/\">3 t\u00fcr ticaret hesab\u0131<\/a><\/strong><\/li>\n<li><strong>0 komisyon, d\u00fc\u015f\u00fck spread, 1:2000&#8217;e kadar kald\u0131ra\u00e7 oran\u0131<\/strong><\/li>\n<li><strong>50.000 sipari\u015f\/sn ger\u00e7ekle\u015ftiren g\u00fc\u00e7l\u00fc ticaret platformu<\/strong><\/li>\n<li><strong>Minimum 50 $ depozito ile bir hesap a\u00e7\u0131n<\/strong><\/li>\n<li><strong>24 saat <a href=\"\/tr\/zfx-hakkinda\/bize-ulasin\/\">M\u00fc\u015fteri Hizmetleri<\/a><\/strong><\/li>\n<\/ul>\n<p><a href=\"https:\/\/my.zfx.com\/login\/index\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-52720 size-full\" src=\"https:\/\/www.cdn-zfx.com\/wp-content\/uploads\/2020\/06\/tdqybsvb-photo_2020-09-17_18-07-24.jpg\" alt=\"5.Understanding the risks of investment correctly | ZFX\" width=\"188\" height=\"48\" \/><\/a><\/p>\n<p>\u2014\u2014<\/p>\n<p><strong>Risk Uyar\u0131s\u0131:<\/strong> <span class=\"VIiyi\" lang=\"tr\"><span class=\"JLqJ4b ChMk0b\" data-language-for-alternatives=\"tr\" data-language-to-translate-into=\"en\" data-phrase-index=\"0\">Yukar\u0131daki i\u00e7erik yaln\u0131zca referans ama\u00e7l\u0131d\u0131r ve ZFX&#8217;in konumunu temsil etmez.<\/span> <span class=\"JLqJ4b ChMk0b\" data-language-for-alternatives=\"tr\" data-language-to-translate-into=\"en\" data-phrase-index=\"1\">ZFX, bu madde uyar\u0131nca ger\u00e7ekle\u015ftirilen herhangi bir al\u0131m sat\u0131m i\u015fleminden kaynaklanan herhangi bir zarar\u0131 \u00fcstlenmez.<\/span> <span class=\"JLqJ4b ChMk0b\" data-language-for-alternatives=\"tr\" data-language-to-translate-into=\"en\" data-phrase-index=\"2\">L\u00fctfen d\u00fc\u015f\u00fcncenizde kararl\u0131 olun ve ilgili risk kontrol\u00fcn\u00fc yap\u0131n.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over-the-counter trading (OTC for short), also known as off-exchange trading, generally refers to trading activities not conducted on the central exchange, but through the \u201cdealer network\u201d<\/p>\n","protected":false},"author":87,"featured_media":276975,"template":"","academy_categories":[23815],"academy_tags":[],"class_list":["post-276974","academy","type-academy","status-publish","has-post-thumbnail","hentry","academy_categories-finansal-piyasa-serisi-2"],"acf":[],"current_lang":"tr","_links":{"self":[{"href":"https:\/\/www.tr-zfx.com\/tr\/wp-json\/wp\/v2\/academy\/276974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tr-zfx.com\/tr\/wp-json\/wp\/v2\/academy"}],"about":[{"href":"https:\/\/www.tr-zfx.com\/tr\/wp-json\/wp\/v2\/types\/academy"}],"author":[{"embeddable":true,"href":"https:\/\/www.tr-zfx.com\/tr\/wp-json\/wp\/v2\/users\/87"}],"version-history":[{"count":0,"href":"https:\/\/www.tr-zfx.com\/tr\/wp-json\/wp\/v2\/academy\/276974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tr-zfx.com\/tr\/wp-json\/wp\/v2\/media\/276975"}],"wp:attachment":[{"href":"https:\/\/www.tr-zfx.com\/tr\/wp-json\/wp\/v2\/media?parent=276974"}],"wp:term":[{"taxonomy":"academy_categories","embeddable":true,"href":"https:\/\/www.tr-zfx.com\/tr\/wp-json\/wp\/v2\/academy_categories?post=276974"},{"taxonomy":"academy_tags","embeddable":true,"href":"https:\/\/www.tr-zfx.com\/tr\/wp-json\/wp\/v2\/academy_tags?post=276974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}