/KASE, June 25, 2021, June 16, 2021 news repeat/ – Following ae decision of
the Management Board of Kazakhstan Stock Exchange (KASE, or the Exchange) dated
June 11, 2021, changes and additions No. 2 (amendments) to KASE's internal
document "Rules for internal accounting of money and paperwork for settlements
on exchange trading" (the Rules) were approved, which are put into effect from
June 25, 2021.
The amendments were made in order to provide an opportunity to transfer the
collateral of clearing participants, contributed and/or saved by clearing
participants for concluding deals on the Exchange, between different types of
exchange markets.
The amendments define the following:
- the conditions for the Exchange to carry out transfers of the collateral of
clearing participants between different types of exchange markets were
determined;
- it was established that clearing participants have the right to submit
applications to the Exchange for transferring all or part of the collateral
between exchange markets. The application for the transfer of collateral
between the exchange markets is submitted by the clearing participant to the
Exchange in electronic form in XML format in the "eTransfer.kz" information
transfer system using the electronic digital signature of the trader or other
authorized employee of the clearing participant;
- it was established that the Exchange accepts applications for transfer of
collateral between exchange markets from clearing participants from 10:30 to
17:30 o'clock (Nur-Sultan time).
The Rules were supplemented by Appendix 3 with the application form for the
clearing participant on the transfer of collateral between the exchange
markets.
The updated text of the Rules will be published on KASE website in the near
future in the "KASE Rules" section –
https://kase.kz/en/kase_rules/
[2021-06-25]