KASE Amended Specification of RF Ruble Market-Maker Status
OREANDA-NEWS. By the decision of Kazakhstan Stock Exchange (KASE) Council of May 25, 2009 were approved change and addition # 2 (amendments) to KASE internal document "Specification of Russian Federation Ruble Market-Maker Status" (Appendix 3-2 to Rules of Market-Makers Activities), reported the press-centre of KASE.
In compliance with mentioned amendments:
1) in case of existence of Russian ruble market-maker only the market-maker is entitled to fix firm quotes in the Exchange trading system at trades in Russian ruble;
2) in case of absence of Russian ruble market-maker during trades in Russian ruble Exchange members are entitled to fix firm quotes and make deals.
The mentioned amendments were submitted to the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) for approval and will be given effect the nest working day after the day of their approval by AFS.
The Specification revised text will be published on KASE website at http://www.kase.kz/files/normative_base/mm_rur.pdf after their approval by AFS.
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