OREANDA-NEWS. November 02, 2011. Kazakhstan Stock Exchange (KASE) Board of Directors by its decision approved changes and additions # 3 (the amendments) to KASE internal document "Rules of Exchange Trading in Derivative Instruments" (the Rules), reported the press-centre of KASE.

The amendments will be submitted to the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan (FSC NBK) for approval and will be given effect after their approval with the authorized agency.

The amendments were made to extend the line of futures market exchange instruments and development of the domestic organized market of derivatives.

According to amendments financial instruments were split into two groups:

1. sector of currency futures contracts, consisting of futures contracts with  currency as the basic asset;

2. sector of stock futures contracts, consisting of futures contracts stock assets (shares, bonds, stock indices) as the basic asset.

The Rules revised text will be available on KASE website at http://www.kase.kz/files/normative_base/trading_rules_eng.pdf after approval with FSC NBK.