KASE Board of Directors approves amendments to the Regulation on Membership Fees, Exchange and Clearing Fees

27.05.20, 15:21
/KASE, May 27, 2020/ – Following a decision of the Board of Directors of Kazakhstan Stock Exchange (KASE, or the Exchange) dated May 21, 2020 amendments and additions No. 5 (amendments) to the KASE internal document "Regulation on Membership Fees, Exchange and Clearing Fees" (Regulations) were approved. These amendments were made due to the planned implementation of the second stage of the transfer of trading on the stock market from the ACT trading system to ASTS+ trading and clearing system and the expansion of the functions of the central counterparty in the KASE stock market. The amendments changed the size of clearing and commission fees on the stock market. The amendments will be put in effect from the date of the launch into operation of the second release of ASTS+ trading and clearing system on the stock market, except for amendments relating to changes in technical fees, which will be put into effect in respect of the stock market (for the Exchange members of "stock exchange" category) as of January 1, 2021 and as of March 1, 2021 in respect of the foreign exchange market (for the Exchange members of "foreign exchange" category). The updated text of the Regulation will be published on the KASE website soon. [2020-05-27]