/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]