OREANDA-NEWS. On October 31, 2007 by the decision of Exchange council of Kazakhstan stock exchange (KASE), since January 1 of 2008, the rate of commission fees on "market" (open, not direct) purchase-sale deal with corporate securities (CS) that are in the official KASE list (excluding securities that are included in the state share holding, sold through KASE) deceases from 0,015 % to 0,01 % of sum of deal from each of its side, reported the press-centre of KASE.

Simultaneously, since January 1 of 2008, the zero rate of KASE commission fees on "market" deals, made on accounts of natural persons, is abolished.

Instead of this benefit, KASE abolishes the minimal sum of commission fee to the size of 0,5 MCI for this group of investors, and also introduces the scale of fixed rates of its commission fees (KZT100 - from a deal to the sum of less than one million tenge, KZT200 - from a deal to the sum between one and three million tenge, 0,01% of the sum of deal - for deals to the sum of more than five million tenge).

The specified system of commission fees of KASE will be operating on the special trading floor of the regional financial center of Almaty city as well.

More detailed information will be published after confirmation of the corresponding amendments into the internal document of KASE - "Clause about member fees and exchange collections" by the Exchange council.

Let us remind you that the mentioned decrease in rates of commission fees collections of KASE on "market" deals with listed CS is the fifth since the middle of year 2004: since August 1 of 2004 this rate was reduced from 0,05% to 0,04% (by 20%), from January 1 of 2005 - down to 0,03% (by 25%), from November 1 of 2005 - down to 0,02% (by 33,3%), from March 1 of 2006 - down to 0,015% (by 25%). Therefore, from 2008 this rate decreases five times compared to year 2004.