KASE extends current schedule of trading, clearing and settlements to May 22
/KASE, May 18, 2020/ – Kazakhstan Stock Exchange (KASE) extends the current schedule of trading, clearing and settlements to May 22, 2020.
We remind you that KASE conducts trading in all financial instruments admitted to trading on the foreign exchange, money and stock markets, whereby:
- no trading will be conducted on the derivatives market;
- no additional sessions will be held for instruments of the repo and currency swap.
KASE operation schedule is shown in the table below (the schedule is made according to Nur-Sultan time).
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Clearing schedule Settlement schedule
------------------------ -------------------------
------------ ----------- ------------ ------------
Timespan for Timespan for
Clearing
End execution of execution of
session for clearing obligations obligations
Market Trading CNYKZT_TOD session by trading by the schedule participants Exchange
------------------- ----------- ------------ ----------- ------------ ------------ Foreign exchange buy-sell of foreign currency and 10:15–15:00 11:00–11:30 15:00–15:30 15:30–16:15 16:15–17:00 currency swap transactions ------------------- ----------- ------------ ----------- ------------ ------------ Stock buy-sell 10:00–15:00 – 15:00–16:15 15:00–15:30 16:15–17:00 of securities and repo transactions ----------------------------------------------------------------------------------
Trading, clearing and settlements for the instrument CNYKZT_TOD will be conducted as usual.
Interim fixing of the weighted average rate for the instrument USDKZT_TOM will be carried out at 11:00 o'clock in the usual mode.
The weighted average rate for the US dollar at the end of the day will be conducted upon completion of trading on the currency market. This rate will be the rate fixed as at 15:30 for purposes of setting currency exchange rates.
Orders from trading participants for return of funds will be accepted until 16:15 o'clock, funds will be returned until 17:00 o'clock.
When conducting trading in US dollar-denominated international bonds on KASE, the weighted average rate on instrument USDKZT_TOM for the previous day will be used for recalculation of parameters of deals and KZT-denominated orders.
Broadcasting of the trading and release of its results on KASE's website will be carried out in the usual mode.
[2020-05-18]