Trade Information

Online project "KASE: History in persons"

Dear friends, colleagues, partners!

In honour of the 25th anniversary of Kazakhstan Stock Exchange, we are launching an online project – "KASE: History in Faces", which presents the memories of people who played a significant role in the formation and development of Kazakhstan's financial market and KASE. This is an informal history of the development of the financial sector and the stock exchange of Kazakhstan. People make the history, contributing to the common cause. And we will tell in in the first person.

The history of our exchange is full of interesting facts. We are counting from the day Kazakhstan switched to the national currency, namely, from the moment the first tenge / dollar trades were launched. In the nineties, and especially in the noughties, when building a market infrastructure, the best of the accumulated global experience was taken and, first of all, thanks to Kazakhstan's young enthusiasts involved in the formation of the exchange market at the junction of two economic systems, in the transition from planned budgeting to the market economy.

At that time, we had to do a lot for the first time in the history of our country: launch trading in currency pairs, organize trading in government securities, bonds, stocks, learn new concepts, terms, rules of the game and teach others how to do this, open new trading floors, develop software .. And all this against the background of the formation of a young independent Kazakhstan, in competition with the global financial market.

Almost a quarter of a century has passed. Over the years, Kazakhstan Stock Exchange has acted not only as a locomotive of development and as a platform for trading various financial instruments. KASE today is a barometer and one of the inalienable and important market structures of the economy, experiencing growth and decline with it. Over 390 financial instruments, 124 shares and 250 bond issues are traded on KASE, the annual trading volume of all financial instruments in 2017 exceeded 152 trillion tenge, and KASE Index has been consistently one of the three most rapidly growing world stock market indices for the past three years.

Starting from scratch and standing on a par with international exchanges, albeit not in terms of volume, but in terms of development, technical, technological and intellectual capital, is not easy. But we managed to do it. Today KASE continues to improve, a new stage of development awaits us. For our anniversary, we, our friends and colleagues decided to recall and share our experience, plans, results achieved, mistakes made ... And although we did not arrange essays in chronological order, and the assessments and judgments presented in them can be subjective, they all add up into a holistic picture of how the country's financial market was built and how the formation of Kazakhstan Stock Exchange took place.

So, friends, the story promises to be fascinating. Enjoy your reading!

Аlina Aldambergen, Chairman of Management Board

Published interviews in the framework of the project "KASE: History in faces" (in Russian):
Kadyrzhan Damitov
We had to make uneasy decisions
Natalya Khoroshevskaya
We were all "universal" soldiers"
Bolat Zhamishev
At a new round of growth
Damir Karasaev
The period of free development of the exchange happened in my lifetime
Umut Shayakhmetova
We moved in the wake of market reforms
Idel Sabitov
Fixing, Clipper, and further IT-NEXT
Azat Nukushev
There was an absolute novelty and sweeping reforms
Alexander Gavrilyuk
In the beginning there was the word. And the National Bank said this word. The word was - "EXCHANGE"
Vladislav Lee
Entrepreneurship and initiative drive the market
Sholpan Ainabaeva
By the will of fate we stood at the origins
Alexey Kuprin
The integration potential of exchanges
Saduakas Mameshtegi
Risk management is relevant at all times.
Yulia Yakupbaeva
There is no full-fledged economy without a stock market
Ermek Mazhekenov
KASE – a choice for life
Elena Bakhmutova
The regulator has always heard the voice of the market
Bolat Babenov
Exchange innovations outperform the market
Oraz Zhandosov
It is impossible to nationalize what started with a market initiative
Kairat Turmagambetov
The history of the country is mainly the history of people
Anvar Saydenov
Kazakhstan was initially interesting for investors
Evgeny Mukhamedzhanov
20 years with KASE: student, general director, managing director
Daniyar Akishev
It all started from scratch
Yeszhan Birtanov
The focal point of market principles: transparency, competitiveness, progressiveness
Gulzhan Karagusova
We tried to do everything right
Vyacheslav Kononenko
In С++
Gulnara Sakhipova
We were young creative enthusiasts
Dmitry Zherebyatiev
How the "pence" went to the market
Aigul Kaldybaeva
It all started with the simplest Argocom system
Andrey Karjagin
Investing experience in result
Maria Hadzhieva
Half of life associated with the securities market
Bakytzhan Konkashev
For a quarter of a century, my every working day begins with KASE news
Nurzhan Alimuhambetov
The success of the stock market is provided by a balance of its participants' interests
Galina Tsalyuk
The exchange is not just the workplace, the exchange is destiny
Azamat Dzholdasbekov
We were realists with the goal of making everything that we do work
Oleg Tsurkan
Missed opportunities of Blue Chip
Aigul Tasbolat
The stock market is a novelty, dynamics, development
Timur Turlov
We came with faith in the potential of Kazakhstan's stock market
Andrey Tsalyuk
News always represent commercial value
Talgat Kamarov
Frontier market with inevitable growth
Victor Kyshpanakov
KASE entered a new IT development vector