OREANDA-NEWS.  Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of February 11, 2015 changes and additions No. 3 (amendments) to KASE internal document "Rules of execution of repo transactions" (Rules) were approved.

The mentioned amendments define the procedure of executing repo transactions with netting on KASE and main terms of settlements thereupon. In addition, editorial changes were made to the Rules.

The mentioned amendments were introduced due to the launch on the repo transactions market of new type of repo transactions with netting – "repo with netting". The subject of repo transactions on the repo with netting transactionsmarket will be securities to which the procedure Т+2 is applied according to KASE internal document "Procedure of executing transactions on the stock market according to scheme Т+2" (Procedure). Securities being the subject of repo transactions on the repo with netting transactions market can be used for executing liabilities emerged on transactions in securities concluded earlier which are subject to the procedure Т+2. Appropriate amendments to the Procedure were approved by the Board of Directors decision of February 11, 2015.