Astana-Finance Excluded from KASE Membership by All Categories
OREANDA-NEWS. November 03, 2009. By Kazakhstan Stock Exchange (KASE) Council decision Astana-finance (Astana) is excluded from KASE categories "K", "P" and "H" membership, reported the press-centre of KASE.
This means that Astana-finance is no longer the KASE member and has not the right to trade any instruments.
This decision was made in compliance with sub-item 1) of item 27 of the KASE internal document "Regulations on Membership" based on the Board resolution of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations of September 21, 2009 # 276 on termination of Astana-finance license for brokerage and dealer activities on the securities market with the right to keep clients accounts as the nominee holder.
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