OREANDA-NEWS. January 19, 2012. As was announced earlier, Kazakhstan Stock Exchange (KASE) Board of Directors by its decision of October 27, 2011 approved changes # 2 to KASE internal document "Rules of Execution of Clearing Activities on Derivatives Market" (the Rules), reported the press-centre of KASE.

The amendments were approved the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan (FSC NBK) on December 2, 2011 and will be put into effect from February 1, 2012.

According to changes the method of defining of a settlement price on each type of futures contracts will be defined not by the Rules, but of respective specifications of futures contracts; in addition the procedure of provision of money transfer order by KASE members has been clarified.

The Rules' revised text will be available on KASE website at http://www.kase.kz/files/normative_base/clearing_rules.pdf in the nearest future.