Tuesday June 28 2016
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: Kazakhstan
Link: http://www.kase.kz/files/normative_base/dmoney_eng.pdf
On the 9th June 2016, the Kazakhastan Stock Exchange’s Board of Directors approved an amendment to Artcile 20(4) which now reads as follows:
“A trades` participant is not entitled to select the mode of immediate delivery of the currency being sold and/or payment for the foreign currency being bought, if in accordance with a decision of the Committee the mode of immediate delivery of the foreign currency being sold and/or payment for the foreign currency being bought described in sub-item 4) of item 19 hereof with setting of the daily combined limit of net positions on all foreign currencies was set for that participant.”
Click on the link above for further details