KASE adopts development strategy for 2019-2021

14.06.19 18:44
/KASE, June 14, 2019/ - The KASE Development Strategy for 2019-2021 (the Strategy) was approved by the Board of Directors’ decision of the Kazakhstan Stock Exchange (KASE or Exchange) dated May 28, 2019. According to the Strategy, the main goal of the Exchange is to maintain leading position of KASE in Kazakhstan's stock exchange community. The Exchange will continue to work on developing an effective mechanism for raising financing by the Kazakh companies at the domestic stock market, on creating attractive conditions for local and international investors and on providing full range of exchange services in accordance with accepted international standards. The Strategy identifies four key areas for the development of KASE: - IT-modernization of trading and clearing systems and related information systems; - launching central counterparty’s services at all exchange markets in order to guarantee the completion of payments on exchange transactions; - increasing the liquidity of the exchange market by attracting new participants, introducing wider range of financial instruments and using new technologies; - implementation of sustainable development principles in order to increase the investment attractiveness of the Exchange. More detailed information is available in the Exchange’s press release published on the KASE website (in Russian) – http://kase.kz/files/press/ru/14_06_2019_KASE_strategy_2019_2021_rus.pdf [2019-06-14]