OREANDA-NEWS. December 07, 2010. By Kazakhstan Stock Exchange (KASE) Management Board decision were approved additions and amendments # 1 (amendments) to the KASE internal document "Specification of KASE Index Futures" (the Specification), reported the press-centre of KASE.

Amendments stipulate the change in order of consideration of the final settlement price of KASE Index futures and are aimed at this price manipulation risk reduction.

In compliance with amendments the final price of the KASE Index futures shall be defined as the KASE Index weighted average value for the last day of exchange trades for this futures contract.

When defining the futures contract final price shall be considered only those parameters of satisfied deals that were made in the KASE trading system in shares of the KASE Index representative list by one of the open trades methods on the last day of exchange trades for this futures contract.

The Specification revised text shall be published on KASE website at http://www.kase.kz/files/normative_base/specification_index_eng.pdf in the nearest time.