/KASE, March 10, 2020/ – Kazakhstan Stock Exchange (KASE) announces that trading
and clearing systems of KASE are ready for opening trading on March 10.
Despite the increased volatility in the world markets, trading on the KASE
platform will be held as usual in accordance with internal rules and procedures.
To maintain stability in the KASE markets and to properly perform central
counterparty functions at the forex and stock markets, KASE uses mechanisms for
managing the level of trading participants’ margin collateral and values of
settlement prices of financial instruments and the limits of their variation.
Let us remind that as of March 10 KASE has updated risk parameters for forex
market instruments. Relevant news item is available at
https://kase.kz/en/news/show/1426339/
KASE will also update risk parameters of the stock market. Current values of
risk parameters of KASE markets are available for download on the KASE website
in the section "Risk Parameters for Financial Instruments".
We also remind that trading on the securities market may be suspended in order
to avoid increased volatility of securities in the following cases:
- If the price of shares listed in the "Premium" category of the Exchange’s
Official List drops by 30 per cent or more compared to the end-of-day price
fixed at the trading day immediately preceding such decline;
- If the equity market index falls by 15 per cent or more compared to the last
value of the index, which was fixed on the first or second trading day preceding
this decline, the Exchange suspends trading of all shares listed in the
Exchange’s Official List.
[2020-03-10]