From October 14, addition to List of special codes for identification of payments by clearing participants while executing cash settlements on deals with central counterparty in stock market comes into effect

14.10.20 15:23
/KASE, October 14, 2020/ – By a decision of the Management Board of Kazakhstan Stock Exchange (KASE) dated October 13, 2020, an addition No. 1 (addition) to KASE's internal document "List of special codes for identification of payments by clearing participants while executing cash settlements on deals with the central counterparty in the stock market " (List) was approved, which comes into effect from October 14, 2020. In order to identify and record the custodian money of clearing participants intended for trading from custodian accounts, the List has been supplemented with a special code for identifying payments "KASI/C+10x" (indicating the number of the segregated custodian account in the trading and clearing system ASTS+), which can be used by clearing participants when transferring money to KASE correspondent account for reflection on a segregated custodian account in the TCS ASTS+. The updated List will be released on KASE website at https://kase.kz/files/normative_base/special_codes.pdf [2020-10-14]