15.06.2015, 13:25
KASE Board of Directors approves amendments to Regulations on Membership Fees and Exchange Dues
OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of June 10, 2014 changes and additions No. 8 (amendments) to KASE internal document "Regulations on Membership Fees and Exchange Dues" (Regulations) were approved, effective as of June 29, 2015.
In accordance with the amendments:
- minimum and fixed amounts of commission fees on transactions involving purchase-sale of securities in cases when procedure T+2 is applied to such transactions were cancelled, as well as on repo transactions carried out on the netting repo market;
- the one-off fee making up the 200-fold MCI for provision of the trading system terminal software was excluded;
- a new technical fee for companies operating the trading system remotely and using gateways of the trading system for connecting their information systems was introduced. The rate of that technical fee will make up a 15-fold MCI per month.
In addition, the Regulations' text was supplemented with editorial and procedural clarifications.
In accordance with the amendments:
- minimum and fixed amounts of commission fees on transactions involving purchase-sale of securities in cases when procedure T+2 is applied to such transactions were cancelled, as well as on repo transactions carried out on the netting repo market;
- the one-off fee making up the 200-fold MCI for provision of the trading system terminal software was excluded;
- a new technical fee for companies operating the trading system remotely and using gateways of the trading system for connecting their information systems was introduced. The rate of that technical fee will make up a 15-fold MCI per month.
In addition, the Regulations' text was supplemented with editorial and procedural clarifications.
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