From November 15 and till the end of the year KASE will be experimenting with the trade regime of Russian rouble

/KASE, Nov 12, 01/ -Kazakhstan stock exchange (KASE) informs that from November 15 and till the end of current year, as an experiment, all members of the exchange under category "B" (the right to participate in trades of foreign currencies) will be allowed to present in trade system of KASE hard quotations for selling and buying of roubles of Russian Federation (RUR). During the stated period market-makers of RUR at KASE - BankTuranAlem OJSC and Bank Caspian OJSC - are given a right not to support in trade system of the exchange mandatory quotations of this currency. As it is known, trades of RUR at KASE were started again from October 20, 01 in borders of day exchange session (from 11:30 till 15:30 ALT). The point of the trades is that only market-makers of rouble at the exchange are allowed to present quotations for selling and buying of RUR in trade system of KASE. The rest participants of the trades can only agree with these quotations (in this case deals are made) or ignore them. For the period of holding an experiment this order will be changed, and received during the experiment experience - will be studied by the exchange with the purpose of further decision making toward market expansion of this foreign currency at KASE.