Kazakhstan Stock Exchange (KASE)
Owners:
National Bank of the Republic of Kazakhstan - 47%
Content |
History
2024: Exit of Moscow Exchange from KASE shareholders
In October 2024, the Kazakhstan Stock Exchange (KASE) announced the withdrawal of the Moscow Exchange from its shareholders and the termination of relations between trading platforms.
 | The shares were sold to Russian participants at market valuation. The terms of the deal were not disclosed, "the press service of the Moscow Exchange told RBC . |  |
By June 2024, the Moscow Exchange owned 13.1% of KASE. At that time, the Moscow Exchange's stake in KASE was estimated at ₽2,4 billion. As of October 11, 2024, the main shareholder of KASE is the National Bank of the Republic of Kazakhstan with a share of 47%.
2023: Requirement for brokers to forcibly separate accounts of citizens of Russia and Belarus from accounts of other clients in securities with settlements in Europe
Kazakhstan broker Halyk Finance in April 2023 announced the demand of the Kazakhstan Stock Exchange to forcibly separate the accounts of citizens of Russia and Belarus from the accounts of other clients. Tentatively, segregation will begin after May 1, 2023.
The company also stressed that segregation concerns securities "denominated in a currency other than tenge, and on instruments for which settlements pass through the international settlement depositories Euroclear and Clearstream."
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |