Share of the over-the-counter market for state securities on August 06 - 65.6%
09.08.99 00:00
/IRBIS, 09.08.99/ - Based on the data of the Kazakhstan Stock Exchange
and the Central Depository, on August 06 share of the over-the-counter
market for state securities for comparable operations has made 65.1%.
For August 05 this number was equal to 24.9%.
Based on the results of the day, it's evident that a ban on striking direct deals
in the buy and sell sector for state securities of the stock exchange will result
in gradual withdrawal of stock exchange operators from the trade floor. Free
and transparent market for state securities cannot be created, because most
of the market-makers are not interested in the existence of it.