OREANDA-NEWS. As previously announced, the Board of Directors of Kazakhstan Stock Exchange (KASE or the Exchange) on April 14, 2016 approved amendments No. 7 to KASE internal document "Rules of Foreign Currencies Exchange Trading" (the Rules).

In accordance with these amendments now instead of the difference between the foreign currency prices in accordance with its purchase and sale deals within the given transaction, the percent per annum yield of this transaction quoted to four decimal places will be used as the FX swap price.

The Board of Directors on May 6, 2016 decided to put these amendments to effect as of May 11, 2016. 
On this date the following documents are also put into effect:
- amendments No. 11 to Regulations on Trades and Confirmation System 
  Operation approved by KASE Management Board on April 14, 2016;
- FX Swap Transactions Specification approved by KASE Management Board 
  on March 31, 2016.

We remind you that the FX swap transactions as part of FX trading are available on KASE in the framework of the day sessions from 11.30 am to 3.30 pm ALT. Swap market trading results are published in the section [Markets] - [Foreign currencies] at http://www.kase.kz/en/cur

KASE calculates FX swap market indicators – SWAP-1D (USD) and SWAP-2D (USD) which represent the weighted average yield over the volume of transactions on all USD/KZT FX swap opening transactions for one and two business days respectively. The values of these indicators are published inthe real-time mode in the section [Indicators] - [Money market] - [SWAP-1D
(USD) and SWAP-2D (USD)] at http://www.kase.kz/en/swap_indicators
.