Wednesday October 28 2020

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: Kazakhstan

Link: https://bit.ly/31RxNCa




On 27th October 2020, Kazakhstan Stock Exchange (KASE) announced that the amendments No. 2 (amendments) to the KASE internal document “The Procedure for Assigning Codes to Members of Kazakhstan Stock Exchange and their Accounts, Issuers of Securities and Financial Instruments” (Procedure) have been approved.

The amendments will come into effect starting from the commissioning date of the trading and clearing system ASTS+ on the foreign exchange market, which will be announced additionally.

These amendments define the procedure for assigning codes to:

  • the clients of KASE members of the category “foreign exchange” if a KASE member decides to prohibit executing cross trades at the expense of their client’s assets;
  • own and client accounts of KASE members of “foreign exchange” category;
  • deliverable forwards.

Also, procedural and editing amendments were made to the texts of the Procedure.

Click on the above link for further information.