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KASE's Board of Directors approves amendments to Rules of execution of money settlements of deals with central counterpart on stock market
/KASE, March 18, 2020/ – Following a decision of the Board of Directors of Kazakhstan Stock Exchange (KASE) dated March 17, 2020 amendments No. 1 (amendments) to KASE's internal document "Rules of execution of money settlements of deals with the central counterpart on the stock market " (the Rules) were approved.
The amendments will be put into effect from the date of commissioning of the second release of the trading and clearing system ASTS+ on the stock market, which will be communicated later.
Said amendments:
- determine the possibility of submitting orders from clearing participants not only by traders, but also by other persons authorized for execution of said actions on behalf of clearing participants;
- the time span for submitting by clearing participants of orders for money return from 17:45 to 18:00 o'clock (Nur-Sultan time);
- editorial amendments were made to forms of appendices 3, 4 and 5 to the Rules.
The updated Rules will be released on KASE website – see more
[2020-03-18]