Kazakh FSA Approves Amendments to Regulations on Trading Methods
OREANDA-NEWS. December 28, 2010. As was communicated earlier, based on a decision of Kazakhstan Stock Exchange (KASE) Board of Directors taken on October 28, 2010, amendments # 5 (Amendments) to KASE internal document "Regulations on Trading Methods" (Regulations) have been approved.
The amendments were approved by the Agency of the
The Amendments stipulate the following:
- the period for submission of an application for execution of specialized trades was increased from two to seven working days prior to the trades date in order to early inform potential participants of specialized trades;
- the guarantee fee size is defined by a seller (buyer) and can not exceed 20 % from the planned price set forth for a fixed lot size (except for the size of such guarantee fee, defined in compliance with KASE's other internal documents) as the full prepayment creates inconveniences for trades participants.
Комментарии