/KASE, January 20, 2025/ – As announced earlier, trading in futures on securities
of exchange-traded investment funds opens on Kazakhstan Stock Exchange
(KASE) as of January 20, 2025.
As stated in the specifications for these futures:
- the day of commencement of a futures contract is the fifth day of the month
that that falls on the start of a quarter: January, April, July, and October;
- the final day for trading in a futures contract is the third Thursday of the
month that concludes a quarter: March, June, September, and December;
- trading in a futures contract is available for four circulation periods;
- the execution day of a futures contract occurs on the last day of its trading
period.
In addition, the specification establishes particular parameters for trading futures
on securities of exchange-traded investment funds.
From January 20, 2025, trading in the following futures contracts on securities of
exchange-traded funds will be available on KASE:
--------------------------------------------------------
Item No. Trade Trade end
Code start (execution day)
----------- --------------- ---------- -----------------
Futures for SPDR S&P 500 ETF TRUST
----------- --------------- ---------- -----------------
1 US_SPY_-3.25 20.01.25 20.03.25
2 US_SPY_-6.25 20.01.25 19.06.25
3 US_SPY_-9.25 20.01.25 18.09.25
4 US_SPY_-12.25 20.01.25 18.12.25
--------------------------------------------------------
Futures for SPDR Gold Shares ETF
--------------------------------------------------------
5 US_GLD_-3.25 20.01.25 20.03.25
6 US_GLD_-6.25 20.01.25 19.06.25
7 US_GLD_-9.25 20.01.25 18.09.25
8 US_GLD_-12.25 20.01.25 18.12.25
--------------------------------------------------------
Futures for Nasdaq-100 Index ETF
--------------------------------------------------------
9 QQQ_KZ-3.25 20.01.25 20.03.25
10 QQQ_KZ-6.25 20.01.25 19.06.25
11 QQQ_KZ-9.25 20.01.25 18.09.25
12 QQQ_KZ-12.25 20.01.25 18.12.25
--------------------------------------------------------
Futures for SPDR Bloomberg Barclays 1-3 Month T-Bill ETF
--------------------------------------------------------
13 US_BIL_-3.25 20.01.25 20.03.25
14 US_BIL_-6.25 20.01.25 19.06.25
15 US_BIL_-9.25 20.01.25 18.09.25
16 US_BIL_-10.25 20.01.25 18.12.25
--------------------------------------------------------
As of said date, a new internal KASE document "Specification of Futures
Contracts on Securities of Exchange-Traded Funds" comes into effect.
KASE reminds you that currently trading in derivative financial instruments is held
on KASE on working days from 10:00 to 17:30 o'clock, Astana time, the clearing
session for these trades – from 20:30 to 21:00 o'clock, Astana time.
Clearing participants of KASE's derivatives market, the list of which is published
on KASE's website at
http://kase.kz/en/clearing/members/ can participate in the
exchange trading in derivatives.
The results of trading in futures on KASE are published at
http://kase.kz/en/futures/
The internal documents governing the procedure for operation of KASE's
derivatives market are available at
http://kase.kz/en/kase_rules/ ("Trades" tab).
[2025-01-20]