KASE Сhanges Methodology of Securities Liquidity Indicators Defining
OREANDA-NEWS. January 20, 2012. Following a decision of Kazakhstan Stock Exchange (KASE) Management Board of December 21, 2011, changes # 2 to KASE internal document "Methodology of Securities Liquidity Indicators Defining" (Methodology) were approved, which will be put into effect from January 23, 2012, except changes related to changing the names of the Risk Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan (FSC NBK), due to be put into effect from February 1, 2012, reported the press-centre of KASE.
According to the named changes:
- the Risk Committee's name was changed to "Committee on Indices and Securities Valuation ";
- an option of forming the liquidity rankings for particular securities is included;
- a procedure of drawing up lists of securities of various liquidity classes (in the previous version of the Methodology, securities were divided not by liquidity class, but in lists of liquid and non-liquid securities) is defined.
In addition, clarifying and editorial amendments were made to the Methodology's text.
The Methodology's revised text will be available on KASE website, at http://www.kase.kz/files/normative_base/metodika_liquid_eng.pdf in the nearest future.
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