INTERNATIONAL: KASE and MOEX Sign Co-operation Agreement

Wednesday May 16 2018

Kazakhstan Stock Exchange JSC ( KASE) and Moscow Exchange PJSC ( Moscow Exchange) have signed a strategic cooperation agreement  as part of current Moscow Exchange Forum.

This agreement is aimed at promoting the development of common Eurasian Economic Area and the establishment of common financial market of the Eurasian Economic Union (EAEU) member-states.

The main objectives of cooperation between KASE and Moscow stock exchanges are as follows:

• to provide mutual access to the Kazakh and Russian trade participants and investors to stock markets; to participate in the establishing the infrastructure of the central counterparty for the exchange-based and over-the-counter markets of Kazakhstan;
• to provide trade and clearing techniques of Moscow Exchange for KASE markets and to obtain experience of Moscow Exchange related to stock trading, clearing, risk management and creating new stock exchange instruments.

KASE and MOEX  also intend to develop cooperation aimed at improving regulation of stock markets, clearing activities and central counterparty activities and converging principles of regulation of financial markets of Russia and Kazakhstan in line with international standards within the framework of the Agreement.

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