Board of Directors approves new internal document of KASE "Rules of Execution of Repo Transactions in ASTS+ Trading and Clearing System"

/KASE, May 26, 2020/ – New internal document of KASE "Rules of Execution of Repo Transactions in ASTS+ Trading and Clearing System" (Rules) were approved by the decision of Board of Director of the Kazakhstan Stock Exchange (KASE) dated May 21, 2020. The Rules will be put into effect as of the date of putting into commercial operation of the second release of the ASTS+ trading and clearing system at the stock market and it will be communicated later. The Rules define the procedure for the implementation and execution of repo transactions in trading modes in which KASE acts and does not act as a central counterparty, the basic conditions for settlements for such repo transactions, as well as the liability of participants of repo transactions for improper performance of obligations under repo transactions, where KASE does not act as a central counterparty. The updated Rules will be released on KASE website soon. [2020-05-26]