KASE determined leading operators of the exchange market of foreign currency for March and first quarter of this year
/IRBIS, April 1, 03/ - Kazakhstan stock exchange (KASE) determined the list of second tier banks - leading operators in stock exchange's foreign currencies market in Kazakhstan for March of 2003.
Place of bank in the list is set in accordance with share of deals made by him in combined gross-turnover of trades (sum of purchased and sold currency) on USD, euro and Russian rouble in trading system of KASE. At this, position of each bank was expressed in total dollar equivalent at the current rate of exchange of each made deal.
A total of making deals 25 second tier banks were participating in making deals at KASE in March. Below the list of ten most active operators in descending order of their stake in total volume of deals is provided.
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Position in Stake in
March, Position Brief trades
2003 in February name of volume, %
2003 bank
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1 4 Halyk Bank of Kazakhstan OJSC (Almaty)* 11.6
2 1 Bank TuranAlem OJSC (Almaty)* 11.0
3 3 DB ABN AMRO Bank Kazakhstan CJSC (Almaty) 8.7
4 5 KAZKOMMERTSBANK OJSC (Almaty) 6.1
5 6 CITIBANK KAZAKHSTAN CJSC (Almaty) 5.9
6 10 Bank CenterCredit OJSC (Almaty) 5.7
7 2 Alliance Bank OJSC (Almaty) 4.8
8 11 TEMIRBANK OJSC (Almaty) 4.4
9 8 Eurasian bank CJSC (Almaty) 3.7
10 12 BANK OF CHINA IN KAZAKHSTAN CJSC (Almaty) 3.6
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* market-maker of US dollar at KASE
Newcomers of "the active ten banks", relative to February of 2003 are TEMIRBANK OJSC (Almaty) and BANK OF CHINA IN KAZAKHSTAN CJSC (Almaty).
In the total turnover of exchange's money-market the share of US dollar equaled in March of the current year to 99.96%.
Below is the table of activity of stock exchange's currency market for the first quarter of 2003. 27 second tier banks took part in making of deals at KASE in this period.
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Position Brief Stake in
in the first name of trades
quarter of 2003 bank volume, %
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1 Bank TuranAlem OJSC* 11.0
2 DB ABN AMRO Bank Kazakhstan CJSC 9.9
3 Halyk Bank of Kazakhstan OJSC* 9.5
4 Alliance Bank OJSC 8.2
5 KAZKOMMERTSBANK OJSC 6.3
6 CITIBANK KAZAKHSTAN CJSC 5.4
7 Eurasian bank CJSC 5.3
8 Nurbank OJSC 3.4
9 Bank CenterCredit OJSC 3.2
10 TEMIRBANK OJSC 3.0
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* market-maker of US dollar at KASE
[2003-04-01]