/KASE, August 29, 2023/ – By a decision of the Management Board of
Kazakhstan Stock Exchange (KASE, or the Exchange) dated August 15, 2023, a
new internal document of KASE "Procedure for concluding transactions in
securities with the participation of the central counterparty" (the Procedure), as
well as the following amendments to KASE's internal documents were approved:
1) changes and additions No. 12 to the Instruction on the procedure for
assigning codes to members of Kazakhstan Stock Exchange JSC and their
accounts, users of trading systems, issuers of securities and financial
instruments;
2) changes and additions No. 15 in the Regulations on trading and operation of
the control and collateral system;
3) changes and additions No. 5 in the Specification of repo transactions carried
out by the "automatic" method;
4) changes and additions No. 7 in the Lists of trading modes and operations of
the ASTS+ trading and clearing system;
5) change no. 1 to the Instruction on expanding (increasing) the maximum
spread value for mandatory quotations on securities.
The Procedure and amendments will be put into effect from the date when KASE
Clearing Center JSC (KACC) begins to perform settlement and clearing functions
and functions of the central counterparty in the stock market.
The Procedure and updated texts of the above documents will be published on
KASE's website at
http://kase.kz/en/kase_rules/ ("Trades" tab).
[2023-08-29]