KASE Board of Directors approves amendments to Rules of Execution of Settlements on Foreign Currency Trades Results
OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange (KASE or Exchange) Board of Directors of April 14, 2016 changes and additions No. 26 (amendments) to KASE internal document "Rules of Execution of Settlements on Foreign Currency Trades Results" (Rules) were approved, with effect as of April 15, 2016.
Said amendments were made for purposes of timely provision by the Exchange of bank details to trading participants for execution of settlements following foreign currency trading in case of a change in the bank details or closure of such accounts. Said amendments provide for deletion of the Rules' Appendix 1 "List of correspondent accounts of the Exchange".
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