REPO Free Action to Be Held for RESMI Clients August 1 - October 31
OREANDA-NEWS. On August 01, 2008 RESMI Finance & Investment House JSC (Almaty) provided Kazakhstan Stock Exchange (KASE) with the message on holding of "REPO free" action for clients of the company within August 1 through October 31, 2008 within the framework of the state program on activation of the stock market, reported the press-centre of KASE.
According to the message the company will render its services to legal entities and individuals at no charge within August 1 through October 31, 2008.
To participate in the action one needs to have:
- a valid agreement for brokerage services at RESMI Finance & Investment House JSC;
- the turnover on purchase and sale deals in securities for the previous month, exceeding KZT200.0 th. for individuals and KZT40.0 m. for legal entities, for current clients of the company - beginning July 2008, for new clients - according to results of the first service month made trough the client account, opened in the broker system of RESMI Finance & Investment House JSC.
The client shall pay in full repo deal commissions of KASE, Central Securities Depository JSC and other third parties.
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