OREANDA-NEWS. August 25, 2011. Kazakhstan Stock Exchange (KASE) informs that in July 2011, the Executive Committee of South Asian Federation of Exchanges (SAFE) made the decision to assign KASE an affiliate membership status of SAFE, reported the press-centre of KASE.

The affiliate membership status entitles KASE to participate in SAGE General Bodies meetings and put across suggestions and recommendations on principal inter-exchange cooperation in the region.

The SAFE membership shall enhance KASE visibility both in the region and outside. KASE activities under SAFE membership shall be included into quarterly and monthly information bulletins of SAFE.

SAFE is a forum launched by bourses in South Asia to promote the development of securities markets in the region with the headquarters located in Islamabad (Pakistan). The inception of SAFE marks an important milestone in the march of South Asian capital markets towards regional and global integration. The primary membership of SAFE includes Bombay Stock Exchange, Dhaka Stock Exchange, Islamabad Stock Exchange, Nepal Stock Exchange, etc.