|Address||Almaty Towers, Northern Tower, 8th floor, 280 Baizakov St., 050040 Almaty, Republic of Kazakhstan|
|Telephone||+7 (727) 237 5300|
|Fax||+7 (727) 296 6402|
|Contact Person|| Nazgul Alibayeva|
|FEAS Membership Status||Full Member: Joined FEAS in 1997|
On November 15, 1993, Kazakhstan introduced its own currency, the tenge. The Kazakhstan Interbank Currency Exchange established on November 17, 1993 was assigned the role of the operator of foreign currency trading; a few years later it was renamed The Kazakhstan Stock Exchange.
Since the moment of its foundation KASE has been the only exchange in Kazakhstan operating the stock and currency markets, an integral part of the financial market’s infrastructure and it occupies an important position in the country’s economy.
KASE’s traditional partnership with professional participants – Exchange members most of which are at the same time its shareholders – provides a mutually acceptable balance between the interests of the Exchange as a commercial institution and its members who are the consumers of its services.
Today KASE is more than just an exchange. We value its history, unique knowledge of our teammates and reliable partnership with professional participants of the securities market. KASE has been improving standards of its operation to make Kazakhstan’s exchange market more attractive and it tries to be an example for its participants in terms of corporate governance and information transparency.
|Instrument List||Equity / Corporate Debt / Government Debt / FX / Derivatives / Swap Transactions / Repo / Securities of IFO|
|Trading Hours/Sessions||Foreign Currencies – 10:15 – 17:30|
|Swap Transactions – 10:15 – 16:00|
|Futures – 10:00 -16:00|
|Corporate Serial Securities – Trading system ACT – 11:30 – 17:00 / Trading system ASTS+ – 10:30 – 18:45|
|Government Securities – Trading system ACT – 11:30 – 17:00 / Trading system ASTS+ – 10:30 – 18:45|
|Securities of IFO – 11:30 – 17:00|
|Repo Transactions – 11:30 – 17:30|
|Promissory Notes – 11:30 – 17:00|
|Order Types||Order for sale / Purchase order/ Effective order / Invalid order/ Limited order / Market order|
|Spreads||Equity market segment: 3%|
|Margin Buying/Short Selling||Yes|
|Settlement Cycle||T+0 / T+2|
|Anti-money laundering Requirements||Yes|
|IOSCO Membership||Yes (ordinary member)|
|Days||Monday / Tuesday / Wednesday / Thursday / Friday /|