AFS Approved Amendments to Methodology of Securities Valuation
OREANDA-NEWS. June 07, 2010. As previously informed, by Kazakhstan Stock Exchange (KASE) Board of Directors decision of April 29, 2010 were amendments # 11 to KASE internal document "Methodology of Securities Valuation" (the Methodology), reported the press-centre of KASE.
Amendments are agreed on with the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) on May 28, 2010 and became effective from May 31, 2010.
The changes were made for purposes of determination of deals and orders, parameters of which may be used for calculation of securities prices. The changes provide for ban of use of parameters:
- of deals, concluded in the KASE trading system, in other, apart from open trade methods;
- of orders, submitted to the trading system for conclusion of deals, in other, apart from open, trade methods;
- of orders, submitted to the KASE trading system within the special trade held by KASE and parameters of transactions, concluded on the basis of such orders, except for cases, when by the end of order submission period at the special trade in the KASE trading system, active orders from ten of more KASE members were registered.
Changes are of editorial nature.
The Methodology revised text will be available on KASE website in the nearest time.
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