/KASE, December 22, 15/ – As announced earlier, Kazakhstan Stock Exchange
(KASE or Exchange) shall complete trial operation of the Exchange information
systems during which both provisions of the Procedure of execution of deals on
the stock market according to scheme T+2 and the Regulations on Conducting
Settlements on Securities Transactions under Т+0 Scheme with Full Backing
(Gross Settlements) were applicable to transactions in shares of representative
list of KASE index.
Following the KASE Management Board decision as of December 23, 2015 only
provisions of the T+2 Procedure will be applicable to transactions in shares
KZ1C34930012 (KZ1C00000959, KEGC) of KEGOC JSC and KZ1C29950017
(KZ1C00000744, KZTO) of KazTransOil JSC.
According to sub-clause 2) of clause 1 of Article 2 of the T+2 Procedure in
order to participate in the trades in the said instruments the Exchange members
must have the effective status of the stock market clearing participant.
For any questions related to the clearing participant status assignment and
payment of the margin, please contact us via Email clearing@kase.kz or phone
number (727) 237 6006.
The trading participants shall keep in mind that for these instruments it will
still be possible to conclude direct purchase and sale transactions and direct
repo transactions with the use of a mechanism of settlements in real time for
each individual transaction on T+0 day (gross settlements). It is possible to
conclude these transactions in an instrument with the same code but located in
a different group of instruments.
For any questions related to the Trading system settings, please contact us via
Email trade@kase.kz or phone number +7 (727) 237 6018.
Procedure of execution of deals on the stock market according to scheme T+2 is
available on KASE website at
http://www.kase.kz/files/normative_base/por_t2_eng.pdf
The recent related news item of November 11, 2015 released was "KASE
COMPLETES TRIAL OPERATION OF OWN INFORMATION SYSTEMS IN LINE
WITH PROCEDURE OF DEALS EXECUTION ON STOCK MARKET
ACCORDING TO SCHEME Т+2" at
http://www.kase.kz/en/news/show/1278613
[2015-12-22]