TRADING IN FOREIGN SECURITIES IN "KASE GLOBAL" SECTOR IS SUPPOSED TO OPEN FROM NOVEMBER 15
29.10.21 18:55
/KASE, October 29, 2021/ – Kazakhstan Stock Exchange (KASE) informs you
that from November 15, 2021 it is planned to open trades in foreign securities
in the "KASE Global" sector.
"KASE Global" is a new sector in the structure of KASE official list, intended
for circulation of shares of foreign issuers. The purpose of launching this
sector is to create a liquid foreign securities market on KASE with comfortable
conditions for Kazakhstan's investors.
At the first stage, trading in this sector will be held from 11:20 to 22:00
o'clock, Nur-Sultan time. Trading and settlement of securities will be carried
out in US dollars under the T+2 scheme with the participation of the central
counterparty.
The list of shares admitted to circulation in the "KASE Global" sector will be
published additionally.
In order to create and operate the "KASE Global" sector, KASE made the
following amendments to the internal documents, which were approved by the
decision of the Board of Directors dated October 27, 2021 and are effective from
November 1, 2021:
1) changes and additions No. 3 to the Listing Rules;
2) changes and additions No. 2 to the Procedure for implementation of listing
procedures;
3) changes No. 2 to the Rules for determining the amounts, terms and procedure
for payment of listing fees;
4) changes No. 8 to the Rules for implementation of exchange activities;
5) changes and additions No. 3 to the Regulation on the structure of the list of
financial instruments allowed for circulation in the trading system of
Kazakhstan Stock Exchange JSC.
[2021-10-29]