22.09.2015, 17:41
KASE makes amendments to Regulations of Trades and the Confirmation System Operation
OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange (KASE) Management Board of September 21, 2015 changes and additions No. 7 (amendments) to KASE internal document "Regulations of Trades and the Confirmation System Operation" were approved, with effect as of September 21, 2015.
The mentioned amendments set a surmountable limit of the price deviation during US dollar trade with settlements in tenge and settlement scheme T+0 at 3 % of the last deal's price.
We remind you that according to item 3 of article 7 of the Regulations, surmountable limits of price deviations, are set in the trading system based on decision of the Board of Directors or Management Board of the Exchange in order to avoid technical faults of participants at typing of orders and their entry in the trading system or for other purposes.
The mentioned amendments set a surmountable limit of the price deviation during US dollar trade with settlements in tenge and settlement scheme T+0 at 3 % of the last deal's price.
We remind you that according to item 3 of article 7 of the Regulations, surmountable limits of price deviations, are set in the trading system based on decision of the Board of Directors or Management Board of the Exchange in order to avoid technical faults of participants at typing of orders and their entry in the trading system or for other purposes.
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