04.03.16 17:39
/KASE, March 4, 16/ – On March 4, 2016 a ceremony of honouring participants of the stock market – KASE members took place in the conference hall of Kazakhstan Stock Exchange (KASE). Based on 2015 results KASE Management Board took a decision to reward some members of the Exchange for their contribution to the development of Kazakhstan's exchange-based market. The "Golden" diploma for contributing to the development of the exchange-based equity market was awarded to Freedom Finance JSC as: - the most active participant in the equity market finishing the year way ahead of other brokers in this respect; - a market-maker for ordinary shares of KEGOC JSC — the most liquid security on KASE in 2015; - a financial consultant, underwriter and active market-maker of BAST JSC who shared financial risks with the issuer and his investors during the IPO and brought the liquidity of that issuer's ordinary shares at par with that of shares from KASE Index's representative list; - initiator of the simplified procedure listing on KASE of valuable exchange- traded bonds of series BO-22 of VTB Bank OJSC (Russia) and equities SPDR S&P 500 ETF TRUST under management of State Street Global Advisors – securities allowing investors to diversify their currency and price risks. For the significant contribution in attracting investors in regions and provision of liquidity on KASE of ordinary shares of KEGOC JSC the "silver" diploma was awarded to Kazpost JSC. For contribution to the development of the exchange-based corporate bond market the "golden" diploma was awarded to Centras Securities JSC as: - the most active broker in that sector; - the initiator of listing on KASE of units of investment funds; - an active participant in terms of increasing the public's awareness of the stock market. Diplomas were awarded during a working meeting arranged by the Exchange in order to discuss with KASE members the current issues regarding the operation of KASE trading floor, improvement of services provided by the Exchange, as well as prospects of development of the stock market as a whole. For reference: The activity indicator (Ка) is calculated by KASE for each member in each sector of the market in accordance with the Methodology of calculating the indicators of activity of members of Kazakhstan Stock Exchange JSC (http://www.kase.kz/files/normative_base/members_activity_eng.pdf). The indicator allows a mathematical assessment of the activity of a KASE member relative to another member in a particular period of time and is a criterion based on which KASE composes activity rankings of its members in particular sectors of the exchange-based market. The member activity rankings are also released on KASE website at http://www.kase.kz/en/membership/ranking [2016-03-04]