KASE's Management Board approves new internal document "Specification of currency swap transactions and foreign currency transactions"

18.11.20 11:14
/KASE, November 18, 2020/ – Following a decision of the Management Board of Kazakhstan Stock Exchange (KASE) dated November 17, 2020, a new internal document called "Specification of currency swap transactions and foreign currency transactions" (the Specification) was approved. The Specification will be put into effect from the date of commissioning of the trading and clearing system ASTS+ of the foreign exchange market, which will be announced later. The Specification contains the standard conditions for performing currency swaps and foreign exchange transactions (conventionally called "short-term currency swap"), as well as the calculation of parameters of such transactions. From the date of coming into effect of the Specification, the Specification of currency swap transactions will be invalidated. The Specification will be published on KASE's website soon. [2020-11-18]