/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 –