INTERMEDIATION ACTIVITIES IN THE CAPITAL MARKET AND INTERMEDIATION FRAMEWORK AGREEMENTS

Intermediary institutions are institutions operating in the field of capital markets. Intermediary institutions act as intermediaries in bringing the funds to the economy. During the execution of intermediary activities, a contract is concluded between the intermediary institutions and their customers. This contract is a brokerage framework contract. At the conclusion of the brokerage framework agreement, some protection mechanisms were introduced to protect customers in a weak situation. Protection mechanisms are particularly important when customers are consumers. However, the protection of customers does not depend on their consumer status. In other words, customers should be protected under the framework agreement, even if they are not consumers. These mechanisms take place within the framework of the capital market law, The Code of the Protection of the Consumer and the Turkish Code of Obligations.