KASE Approved Rules of Stock Exchange Trading Floor Functioning
OREANDA-NEWS. August 04, 2009. By Kazakhstan Stock Exchange (KASE) Council was approved the new KASE internal document "Rules of Kazakhstan Stock Exchange Trading Floor Functioning as the Special Trading Floor of the Regional Financial Center of Almaty" (Rules), reported the press-centre of KASE.
Rules were submitted to the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations for approval and will be given effect from September 1, 2009, if agreed on by this time.
Rules were developed in compliance with:
- the Law of the Republic of Kazakhstan "On the Regional Financial Center of Almaty" of June 5, 2006 (the Law)
- Order of Acting Chairman of the Agency of the Republic of Kazakhstan on Regulation of Activities of Regional Financial Center of Almaty "On Assignment of Joint Stock Company Kazakhstan Stock Exchange as the Special Trading Floor of the Regional Financial Center of Almaty" of December 15, 2006 # 74 (the Order)
and defines certain terms of the KASE trading floor functioning as the special trading floor of the Regional Financial Center of Almaty, unregulated by KASE internal documents.
Rules are one of the main documents, regulating the floor activities, formed through the merger of existing at present the KASE Main Trading Floor (MTF KASE) and the Special Trading Floor of the Regional Financial Center of Almaty (STF RFCA).
Rules text will be published on KASE website at http://www.kase.kz/ru/page/normative_base after approval.
The text of Law is published on KASE website at http://www.kase.kz/files/normative_base/zakon_rfza.pdf
The text of Order is published on KASE website at http://www.kase.kz/files/normative_base/rfca_74.pdf
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