Change to Regulations on Membership Fees, Exchange and Clearing Fees Is Effective from December 24, Says KASE

Kazakhstan Stock Exchange (KASE) announced on Tuesday that its Board of Directors has approved the change No. 11 (the amendment) to KASE's internal document "Regulations on Membership Fees, Exchange and Clearing Fees" (the Regulations), with effect from December 24, 2021.

Specifically, by the mentioned change, the size of the exchange commission fees for organizing and conducting trades with the only seller or buyer of bonds was changed depending on the circulation period of the bonds and amounts to:

• with a circulation period of up to 91 days inclusive – 0.005 % of the total par value of bonds;

• with a circulation period of 92 days to 182 days inclusive – 0.01 % of the total par value of bonds;

• ​with a circulation period from 183 days to 364 days inclusive – 0.015 % of the total par value of bonds;

•  with a circulation period of 365 days or more – 0.025 % of the total par value of bonds.

The Exchange notes that the updated text of the Regulations will be published on KASE website in the near future.

Further, KASE has formed a partnership with Swiss Scila AB to deploy the automated surveillance system Scila Surveillance™​, so as to counteract unfair practices in the exchange market.