/CORRECT/ Board of Directors approved new internal document of KASE "Rules of carrying out exchange activities"
26.12.17 17:54
/KASE, December 26, 2017, this piece of news is being resent due to the change
of information on the date of the document’s entry into force/ – Following a
decision of Kazakhstan Stock Exchange (KASE, or Exchange) Board of Directors
dated December 14, 2017 a new KASE internal document "Rules of carrying
out exchange activities" (Rules) was approved.
The Rules were submitted to the National Bank of the Republic of Kazakhstan for
approval and they will be enacted upon approval.
The Rules were developed for purposes of uniting in a single document provisions
of KASE internal documents governing the exchange activities.
The Rules contain:
- general terms of the Exchange’s main activities;
- general terms of the Exchange membership;
- general terms of inclusion of securities in the Exchange official list;
- particular aspects of concluding deals in certain types of financial
instruments at exchange trading.
Besides, the Rules contain a glossary of main designations, as well as
references to other internal documents governing particular activities of KASE.
As of the date of entry into force, the following internal documents of KASE
will be considered invalid:
1) Rules of exchange-based trading in securities;
2) Rules of exchange-based trading in foreign currencies;
3) Rules of exchange-based trading in derivatives;
4) General terms of settlement of securities trading;
5) Provisions on responsibility for violation of settlement deadlines.
The Rules will be released on KASE website upon approval of the authorized
body.
[2017-12-26]