Trading in USD/KZT Futures Opened at KASE
OREANDA-NEWS. June 16, 2011. From June 15, 2011 on Kazakhstan Stock Exchange (KASE) opens trading in the following futures contracts:
- cash-settled USD/KZT futures due December 2011;
- cash-settled KASE Index value futures due December 2011.
In KASE trading system these six-moth contracts will feature under abbreviations (trading codes) F_USDKZT1112 and F_INKASE1112 accordingly.
Following a decision of KASE Risk Committee, the settlement price has been set at KZT146.78 for USD1 for F_USDKZT1112, and 1,584.0 points for F_INKASE1112.
We remind you that beginning from June 15, 2011 futures F_USDKZT1109 and F_INKASE1109 transform into three-month futures contracts.
The final trading day for futures F_USDKZT1109 and F_INKASE1109 is September 14, 2011, for F_USDKZT1112 and F_INKASE1112 - December 14, 2011.
Futures contracts trading is held at KASE on business days from 10:00 o'clock to 15:30 o'clock (Almaty time), the ensuing clearing session - from 15:30 o'clock to 16:00 o'clock (Almaty time).
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