KASE included change to Rules of Annual Rewards of the Most Distinguished Exchange Members

23.05.08 21:46
/KASE, May 23, 08/ - By decision of Board of Kazakhstan Stock Exchange (KASE), dated May 23, 2008 was confirmed change #7 to KASE's internal document "Rules of Annual Rewards of the Most Distinguished Exchange Members" (Rules), which had come into effect since January 28, 2008. In accordance with indicated changes, determination of KASE members for their reward on nominations the Leader of exchange stock market, the Leader of government securities market, the Leader of shares exchange market, the Leader of corporate bonds exchange market, the Leader of repo operation market are made by KASE information and analysis department (with further approving by Kase`s Board) in expert way on the basis of analysis of indexes calculation of member activity of KASE for last year in corresponding sectors of organized financial market of Kazakhstan republic, which is ruled and serviced by KASE. Indexes of member activity of KASE are calculating in accordance with "Methods of indexes calculation of member activity of Kazakhstan Stock Exchange JSC (Methods), ratified by the decision of KASE`s Council, dated May 19, 2008. The included amend gives KASE`s Council opportunity to consider, while determining the most distinguish KAS`s members, not only statistic data, but other indicators, characterizing activity of KASE members (for example, following design discipline and ethic norms of behavior on KASE). Renewed text of Rules is published on KASE's web site at http://www.kase.kz/files//normative_base/diploms.pdf Text of the Methods is available at http://www.kase.kz/files/normative_base/members_activity.pdf [2008-05-23]