KASE Management Board approves amendments to Rules on Activities of Market-Makers
/KASE, June 15, 2020/ – By the decision of the Management Board of the Kazakhstan
Stock Exchange (KASE) dated June 9, 2020, changes and amendments and additions
No. 1 (amendments) to the KASE internal document "Rules on Activities of Market-
Makers" (Rules) have been approved.
The amendments will come into effect starting from the commissioning date of
the second release of the trading and clearing system ASTS+ on the stock market,
which will be announced additionally.
The amendments established that during the discrete auction, the orders submitted
by market makers are not taken into account by the ASTS+ trading and clearing
system as submitted in the performance of their duties in connection with the
In addition, procedural and editing amendments were made to the texts of the
The updated text of the Rules will be published on the KASE website.