Board of Directors approves new internal document of KASE "Regulations on the Structure of the List of Financial Instruments Permitted to Trading in the Trading System of Kazakhstan Stock Exchange"

/KASE, July 17, 2018/ – By the decision of the Board of Directors of the Kazakhstan Stock Exchange (KASE or the Exchange) dated July 13, 2018, new internal KASE document "Regulation on the Structure of the List of Financial Instruments Permitted to Trading in the Trading System of Kazakhstan Stock Exchange (Regulation)" was approved. This Regulation will become effective on the date when KASE starts operating as a central counterparty in the foreign exchange market, which will be announced additionally. The Regulation was developed due to the need to structure all financial instruments admitted to trading on KASE and also due to the opening of new platforms (KASE Startup and KASE Private Market) and also because of the introduction of the practice of applying various terms of trading, clearing and settlement to the same financial instruments. The Regulation establishes the structure of the list of all instruments admitted to trading on KASE taking into account existing documents that determine the procedure for admission to trading and trading of certain financial instruments in certain market segments. Also, the concept of "a section" and the division of financial instruments into sections were introduced. This division will be applied to financial instruments already included in the list of instruments admitted to trading on KASE, and will be used to apply in respect of certain financial instruments of the certain trading, certain clearing and settlement procedure. It was established that one and the same financial instrument can be included in two or more sections. The Regulation will be published on the KASE website soon. [2018-07-17]