OREANDA-NEWS. July 31, 2012. As previously informed, Kazakhstan Stock Exchange (KASE) Board of Directors by its decision approved new KASE internal document "Rules of Execution of Clearing Activities on Deals in Financial Instruments" (the Rules), reported the press-centre of KASE. 

The Rules have been 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 June 29, 2012 and became effective from July 23, 2012.

The Rules define the terms and order of execution by the clearing organization of clearing activities involving deals in financial instruments, activities of the central counteragent, as well as interaction of the clearing organization with clearing participants of trades and other organizations.

Starting from the date when the Rules become effective the following documents will be considered invalid:

- Rules of Execution of Clearing Activities on Derivatives Market;

- Regulations on Derivatives Market Reserves and Guarantee Funds.

The Rules will be published on KASE website in the nearest time.