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]