NBK Approves Changes to Regulations on Futures Market Reserve
OREANDA-NEWS. January 20, 2012. As was informed earlier, Kazakhstan Stock Exchange (KASE) Board of Directors by its decision of October 27, 2011 approved changes # 3 to KASE internal document "Regulations on Futures Market Reserve and Guarantee Funds" (the Regulations), reported the press-centre of KASE.
The changes were approved by 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.
The changes were made due to inclusion to KASE internal document "Rules of Exchange Trading in Derivative Instruments" of the term "sector of futures contracts".
The Regulations' revised text will be available on KASE website at http://www.kase.kz/files/normative_base/funds_eng.pdf in the nearest future.
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