/REPETITION/ KASE COMPLETES TRIAL OPERATION OF OWN INFORMATION SYSTEMS IN LINE WITH PROCEDURE OF DEALS EXECUTION ON STOCK MARKET ACCORDING TO SCHEME Т+2

16.11.15 14:38
/KASE, November 16, 15, November 11, 15 new repetition/ – Kazakhstan Stock Exchange (KASE, or Exchange) announces completing the trial operation of the Exchange's information systems, during which transactions in shares of KASE Index representative list were applied norms of the Procedure of execution of deals on the stock market according to scheme Т+2, as well as norms of the Regulations of execution of deals in securities according to scheme Т+0 with full backing (gross-settlements). Following a decision of KASE Management Board of November 10, 2015 the end dates of trial operation consecutively on all shares of the representative list of KASE Index are as follows: - from November 25, 2015 – on shares with trade codes RDGZ_T2 and KCEL_T2; - from December 9, 2015 – on shares with trade codes KZTK_T2, CCBN_T2, GB_KZMS_T2 and HSBK_T2; - from December 23, 2015 – on shares with trade codes KZTO_T2 and KEGC_T2. Beginning from the mentioned dates deals in shares of KASE Index representative list will be applied only norms of the Procedure of execution of deals on the stock market according to scheme Т+2. At the same we inform the trades participants that trade codes of these instruments will not any longer contain symbols "Т2". The same decision also assigns trade codes to repo transactions in shares of KASE Index representative list on the netting repo market: RN_RDGZ, RN_KCEL, RN_KZTK, RN_CCBN, RN_KZTO и RN_KEGC. The Procedure of execution of deals on the stock market according to scheme T+2 is available on KASE website at http://www.kase.kz/files/normative_base/por_t2_eng.pdf The procedure of execution of repo transactions with netting and main terms of settlements thereupon are defined by the Rules of repo transactions execution, available on http://www.kase.kz/files/normative_base/repo_eng.pdf [2015-11-16]