Thu, 03/12/2015
On 11 November the Kazakhstan Stock Exchange (KASE) announced the deadlines for securities that are part of the KASE Index to finalise the transitional period of the T+2 regime and implement the T+2 settlement cycle.
Following a decision by the KASE Management Board on 10 November, the end dates of trial operation on all shares of the representative list of KASE Index are as follows:
- from 25 November 2015 – shares with trade codes RDGZ_T2 and KCEL_T2;
- from 9 December 2015 – shares with trade codes KZTK_T2, CCBN_T2, GB_KZMS_T2 and HSBK_T2;
- from 23 December 2015 – shares with trade codes KZTO_T2 and KEGC_T2.
The implementation of the T+2 regime will improve the liquidity of KASE.
Contact:
Yuliya Shibukova
Relationship Manager
Global Securities Services, Russia
Yuliya.Shibukova@unicredit.ru