OREANDA-NEWS. On April 25, 2008 the Exchange Council of Kazakhstan Stock Exchange (KASE) decided to reserve preferences for corporate securities market makers, set by article 7 of the internal KASE document "Specification on Status of Market Maker for the Exchange Members of Categories "P" and "H"" (Specification) at its session, reported the press-centre of KASE.

According to the indicated article of the Specification, the KASE member, enjoying the status of market maker on corporate securities of any denomination, pays the commission fees on the given denomination securities purchase and sale deals concluded thereby at a reduced rate in the amount 50 % of the set rate of the commission fee on such deals.

This preference does not cover the deals in state-owned shareholding of the privatized organizations, in regard of the deals, related to repo transactions, and nego purchase and sale deals in securities.

The text of the Specification is available at the website of KASE at: http://www.kase.kz/geninfo/normbase/m-maker1.pdf