KASE determined the leading exchange market operators of purchasing-selling Government securities for March and first 3 months of 2008 (using the new method)

/KASE, 02.04.08/ - Kazakhstan Stock Exchange (KASE) determined the leading exchange market operators of purchasing-selling of government securities (GS) in Kazakhstan for March 2008, using for this purpose the new ranking method. Below are 10 most active KASE category "K" members (headquarters of all companies are located in Almaty, TuranAlem Securities means Joint Stock Company Subsidiary of Joint Stock Company Bank TuranAlem TuranAlem Securities). The "top-10" in March accounted for 93.4 % of the exchange government securities secondary market turnover. ------------------------------------------------------------------------------ Position in: Ka calculation ------------- Indicator base: March Feb. Short name of activity -------------- 2008 2008 of a company (Ka) V N D ------ ----- -------------------------------------- ----------- ---- ---- ---- 1 4 RBNT SECURITIES JSC 2.40 0.46 0.93 1.00 2 21 PAIMC Zhetysu JSC 2.16 0.49 1.00 0.67 3 1 Halyk Savings Bank of Kazakhstan JSC 2.08 1.00 0.30 0.78 4 8 Subsidiary Bank Sberbank of Russia JSC 1.20 0.12 0.30 0.78 5 7 TuranAlem Securities 1.16 0.42 0.19 0.56 6 - APF of Halyk Bank of Kazakhstan JSC 1.15 0.90 0.14 0.11 7 - Centras Securities JSC 1.15 0.30 0.51 0.33 8 11 ATFBank JSC 1.09 0.35 0.19 0.56 9 2 Eurasian Bank JSC 0.72 0.29 0.09 0.33 10 5 Bank CenterCredit JSC 0.39 0.14 0.14 0.11 ------------------------------------------------------------------------------ The "top-10" newcomers relative to February 2008 became PAIMC Zhetysu JSC, APF of Halyk Bank of Kazakhstan JSC, Centras Securities JSC and ATFBank JSC, having drive out of the "top-10": - Kazpochta JSC (the third position), - Prime Financial Solutions JSC (the sixth position); - BANK CASPIAN JSC (the ninth position); - PAIMC Premier Asset Management JSC (the tenth position). In total, in conclusion of purchasing-selling deals in GS, excluding the National Bank, in March 2008 participated 20 companies. Below is the corresponding table of the most active KASE category лK" members in the sector for first three months of 2008. In conclusion of deals during this period, excluding the National Bank of the Republic of Kazakhstan, participated 29 companies. The "top-10" here accounted for 81.3 % of the exchange GS secondary market turnover. ---------------------------------------------------------------------- Ka calculation Indicator base: Posi Short name of activity -------------- tion of a company (Ka) V N D ---- -------------------------------------- ----------- ---- ---- ---- 1 Halyk Savings Bank of Kazakhstan JSC 2.77 1.00 0.77 1.00 2 RBNT SECURITIES JSC 1.71 0.15 1.00 0.56 3 Eurasian Bank JSC 1.30 0.37 0.31 0.63 4 PAIMC Zhetysu JSC 0.88 0.10 0.52 0.26 5 TuranAlem Securities 0.76 0.26 0.24 0.26 6 Bank CenterCredit JSC 0.74 0.09 0.32 0.33 7 Kazpochts JSC 0.70 0.08 0.36 0.26 8 Subsidiary Bank Sberbank of Russia JSC 0.57 0.03 0.20 0.33 9 ATFBank JSC 0.45 0.07 0.12 0.26 10 Halyk Finance JSC 0.45 0.21 0.10 0.15 ---------------------------------------------------------------------- KASE notices that the activity ranking of the exchange government securities market operators, given in the table, was developed using the new method. This method text will be published at the exchange site in the nearest time. This method essence includes the following. The company's place in the ranking is determined by the value of the so called activity indicator (Ka), calculated for each exchange member. The first position in the rating corresponds with the largest Ka value. This indicator for the GS market operators is calculated by formula Ka = V + N + D, where: V - the indicator of deals volume, concluded by the being rated exchange member in GS during the analyzed period on the KASE secondary market by open trades methods; V = Vi / Vmax, where Vi - deals volume, concluded by the being rated company for the period, Vmax - the largest volume of deals, concluded by any KASE member for the same period (not considering the National Bank); N - the indicator of deals number, concluded by the being rated exchange member in GS for the analyzed period on KASE; N = Ni / Nmax, where Ni - the number of deals, concluded by the being rated company for the period сделок, Nmax - the largest volume of deals, concluded by any KASE member for the same period (not considering the National Bank); D - the indicator of number of effective for the being rated exchange member days during the analyzed period (the effective day - the day during which the being rated exchange member on the KASE secondary market concluded at least one deal in GS by the open trades method); D = Di / Dmax, where Di - the number of effective days of the being rated exchange member, D(max) - the largest number of effective days, fixed for the analyzed period on any KASE member; Indicators Vi, Ni, Di, Ai, Vmax, Nmax, Dmax, Amax are unit values, i.e. are calculated as the ratio of deals volume (number of deals, number of effective days or number of sub-accounts) to the number of days in the analyzed period, during which this trades' participant was this category exchange member. Thus, dependence of indicators values on the duration of the being rated KASE member activities is leveled. At the same time, not all KASE category "K" members are included into the ranking. For inclusion into the ranking the company must have KASE membership by the corresponding category during not less than 70 % (by calendar days) of the analyzed period, if considered the period up to three months inclusive, not less than 60 %, if the period duration makes up from three to six months, and not less than 50 %, in case of use of the longer analyzed period. [2008-04-02]