THE MINIMUM LOTS ARE INTRODUCED ON KASE AT TRADE IN THE INTERNAL STATE SECURITIES

/IRBIS, Nov.01, 99/ - The Kazakhstan Stock exchange recalls that by the KASE's Council decision dated October 07, since November 01, 99 the minimum lots for submission of the applications in the Exchange Trade system are introduced. IRBIS agency has informed about this decision at the data of its acceptance. For tenge denominated SS (MEAKAM, МЕОКАМ, МЕККАМ, МЕIКАМ and notes of the National Bank) the minimum lot is 100,000 tenges taking into account the nominal value traded obligations. For US dollars denominated SS (AVMEKAM, MEKAVM, hard currency notes of the National Bank, bonds of the Mangystau oblast executive body) the minimum lot is 1,000 US dollars taking into account the nominal value traded obligations. The lots were established at the request of Exchange trade members, which are not satisfied with performance of their applications for SS sale made during the trade (at impossibility of the direct transactions, which since August 02 are forbidden in the KASE's sector of SS sale and purchase). In their opinion, the absence of lot size restrictions results in the unjustified splitting of SS blocks, that, in turn, causes an appearance of the low liquidity "rests".