KASE Board of Directors approves amendments to the Regulation on Membership Fees, Exchange and Clearing Fees
/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
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"
The updated text of the Regulation will be published on the KASE website soon.