/REPEAT/ KASE will hold additional session on currency swap transactions and repo transactions with GS basket as of October 15
14.10.19 10:54
/KASE, October 14, 2019, October 11, 2019 news repeat/ – Kazakhstan Stock
Exchange (KASE) informs that as of October 15, 2019, KASE will hold an
additional session on KASE daily from 5 p.m. to 5:30 p.m. Nur-Sultan time,
where the following instruments will be available for trading:
- one-day currency swap transactions on the US dollar;
- one-day repo transactions with GS basket conducted automatically.
Thus, as of October 15, the trading day for the above instruments will be
divided into two trading sessions:
1) from 11:30 a.m. to 3:30 p.m. (main session) and 5 p.m. to 5:30 p.m.
(additional session) – for currency swap transactions on the U.S. dollar;
2) from 11:30 a.m. to 5 p.m. (main session) and 5 p.m. to 5:30 p.m. (additional
session) – for repo transactions.
Second-tier banks, which are clearing members in the relevant market (currency
or stock market), will be able to make deals with the National Bank of the
Republic of Kazakhstan according to the declared firm quotation within the
framework of the additional session. In this case, a firm quotation imposes an
obligation on a participant of trades to make a deal based on this quote.
At the additional session, the instruments will be traded under the codes
USDKZT_0_001 and REPO_NB_001, respectively.
Required amendments were made to the KASE internal documents.
[2019-10-14]