/KASE, December 25, 2024/ – By a decision of the Board of Directors of
Kazakhstan Stock Exchange (KASE) dated December 20, 2024, the following
were approved:
- Rules for providing direct access to the trading system of Kazakhstan Stock
Exchange JSC (the Rules);
- changes and additions No. 3 (amendments) to the Rules for providing access
to the Exchange's trading systems.
The Rules and amendments will come into effect on January 5, 2025.
The Rules and amendments were developed in connection with KASE joining the
Tabadul Digital Exchange Hub.
In addition, the Rules establish mandatory certification of the software and
hardware complex of a KASE member that interacts with KASE's trading and
clearing systems and is intended for concluding transactions in them
(hereinafter referred to as the DMA system) in order to identify technical
errors in the implementation of the DMA system connection to KASE's trading and
clearing systems in order to minimize potential damage to the said systems and
trading participants from incorrect operation of the DMA system.
Certification is a mandatory procedure for new DMA systems not previously used
by KASE members and for modifications to existing systems. In case of failure to
pass this certification, a KASE member will be prohibited from using the DMA
system.
From January 5, 2025, the Rules for providing direct access to the organized
securities market will be declared invalid.
The updated texts of the documents will be published on KASE's Internet
resource at
https://kase.kz/en/kase_rules/ (tab "Trading").
[2024-12-25]