/KASE, May 5, 2021/ – By a decision of the Management Board of Kazakhstan
Stock Exchange (KASE) dated April 29, 2021, changes No. 10 (amendments) to
KASE's internal document "Rules of market-makers' activities" (the Rules)
were approved, with effect from April 30, 2021.
The changes provided for the following:
- Scheme 4 of announcing and maintaining mandatory quotations for the
market maker for government securities (GS) was introduced, according to
the terms of which the volume of mandatory quotations and the maximum
value of the spread are defined as in Scheme 1, and the minimum number of
GS issues for which the market-maker announces and maintains mandatory
quotations, makes up one GS issue;
- for instruments in respect of the ruble with a settlement date on the trading
day, the maximum total time-out period is 60 minutes.
The updated text of the Rules will soon be released on KASE website at
https://kase.kz/files/normative_base/rules_market_maker.pdf
[2021-05-05]