OREANDA-NEWS. On February 5, 2015 the Shanghai Stock Exchange (SSE) in Shanghai hosted a seminar on issues of cooperation between exchanges, arranged jointly by SSE and Hong Kong Exchange (HKEx). The seminar was attended by representatives of stock exchanges from five continents.

In the course of the seminar representatives of HKEx and SSE held presentations of work done and further cooperation between exchanges under the cooperation project between SSE and HKEx – "Shanghai – Hong Kong Stock Connect". In addition to speeches during panel discussions issues of various forms of international cooperation between exchanges used in the world praxis were discussed.

President  of Kazakhstan Stock Exchange (KASE) M. Kabashev took part in a panel discussion on the subject of "International cooperation between stock exchanges". In his speech he pointed out that as of today as a result of a sharp competition between exchanges and globalization processes present on the financial market, national stock exchanges make attempts to modernize their cooperation and improve the integration with global capital markets. "Kazakhstan is in the middle of the Silk Way, and we see opportunities for our stock market in establishing relations with major exchanges both in the West and East" – said M. Kabashev.

In September 2014 a frame agreement was signed between KASE and Istanbul Exchange on strategic know-how and experience exchange, as well as on joint development of markets, listing procedures, products and technologies. Besides, KASE cooperates with Korea Exchange, Tehran Exchange, Vienna Stock Exchange and Deutsche B?rse AG under cooperation memorandums signed earlier.