KASE Amended Specification of Automatic Repo Market
OREANDA-NEWS. By the decision of Kazakhstan Stock Exchange (KASE) Board of December 22, 2008, were approved additions and change # 8 into the KASE internal document "Specification of the automatic Repo Market", effective from December 25, 2008, reported the press-centre of KASE.
In compliance with the mentioned amendments KASE opens trades on the automatic repo market in securities of any denomination not earlier than the next business day upon the receipt of the statement, permitting using of securities of this denomination as the repo transactions subject, executed by the "automatic" method. Given this such statement must be received by KASE not later than 13.00 ALT of the last business day, preceding the mentioned in this statement assumed date of trades opening.
The mentioned amendments were made to ensure the trading system uninterrupted operation and regularity of trades opening on repo transactions by the "automatic" method.
The Specification of the automatic Repo Market revised text is published on KASE website at http://www.kase.kz/files/normative_base/sp_repo.pdf
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