KASE transferred clearing and settlement activities in currency market and derivatives market to Clearing Centre

03.06.24 19:17
/KASE, June 3, 2024/ – Kazakhstan Stock Exchange JSC (KASE, or the Exchange) handed over clearing and settlement functions, as well as the central counterparty functions to its 100% subsidiary – KASE Clearing Centre JSC (KACC, or the Clearing Centre). Thus, the Exchange has completed the transfer of clearing and settlement activities and CCP functions in all KASE markets to the Clearing Centre. We remind you that on September 25, 2023 the Clearing Centre began carrying out clearing and settlement activities and performing the CCP functions on the Exchange's stock market. Since June 3, the Clearing Centre includes 50 financial organizations – members of KASE in the "stock", "currency" and "derivatives" categories. 1,426 financial instruments were accepted for clearing services, including 885 stock market instruments, 22 currency market instruments, 499 money market instruments and 20 derivatives market instruments. A joint press release of KASE and KACC dedicated to this event will be published at https://kase.kz/ru/press_releases/ and https://kacc.kase.kz/ru/press-releases/ [2024-06-03]