Amendments to the Regulations on Clearing Members will be put into effect as of March 17

18.03.20, 17:40
/KASE, March 18, 2020/ – By the decision of the Board of Directors of the Kazakhstan Stock Exchange (KASE) dated March 17, 2020, amendments No. 6 (amendments) to the KASE internal document "Regulations on Clearing Members" (Regulations) put into effect as of March 17, 2020 were approved. This amendment establishes that an individual rate of the initial margin for a clearing member of the FX market of the category "with partial collateral" is set by the decision of the Management Board in the amount not less than the rate of concentration (earlier it was not less than the double rate of concentration). The updated text of the Regulations will be published on the KASE website at – https://kase.kz/files/normative_base/clearing_participants_eng.pdf [2020-03-18]