From June 1, changes to Specification of futures for exchange rate of foreign currency to tenge come into effect

18.05.23 14:59
/KASE, May 18, 2023/ – By a decision of the Management Board of Kazakhstan Stock Exchange (KASE) dated April 25, 2023, changes No. 3 (the changes) to KASE's internal document "Specification of the futures for the exchange rate of foreign currency to tenge" (Specification) were approved, with effect from June 1, 2023. The changes were made in connection with the launch of trading in one-month futures contracts for the ruble against the tenge. Trades in these instruments on KASE will be held simultaneously with trades in quarterly futures contracts for the ruble to tenge exchange rate. The updated text of the Specification will be published on KASE website at https://kase.kz/en/kase_rules/ ("Trades" tab - "Derivatives"). [2023-05-18]