KASE makes changes into the membership rules of the Exchange

/IRBIS, March 16, 00/ - By the decision of the Exchange council of Kazakhstan stock exchange (KASE) of March 15, 2000, following changes in internal norms of KASE "Membership rules" has been approved and submitted to General meeting of the members of the Exchange. According to a new edition, to become a member of the Exchange under categories "P" (with the right to participate in trades in private issue securities of KASE official list), "H" (with the right to participate in trades in private issue securities of "Non-listing securities" sector and state blocks of shares of the companies being privatized), and "K" (with the right to participate in trades in state securities that are traded at KASE) non-banking organizations engaged in brokerage and dealing activities on the stock market should present their calculations of financial stability criteria (norms) for the last reporting date. To become a member of the Exchange under category "C" (with the right to participate in trades in futures contracts that are traded at KASE) the applicant should present a copy of an agreement on offering accounts settlement services with one of clearing members of KASE.