January 03, 2008 |
|As it was informed earlier, by decision of Exchange council of Kazakhstan stock exchange (KASE) dated November 29, 2007 were confirmed changes and additions #9 (Amends) to KASE's internal document "Clause about membership dues and exchange fees" (Clause), which are taking effect since January 1, 2008.|
Amends were develop for execution of decision of KASE's Exchange council dated October 31, 207 about general decrease of commission fees' rate on "market" purchase-sale deals with listing securities, and also about setting of step system of exchange's commission fees on "market" purchase-sale deals with corporate securities, made by accounts of physical entities. Except this, by Amends is provided more exact logical correspondence between separate points of 8 article of Clause.
In accordance with Amends the commission fess' rate of KASE on purchase-sale deal with corporate securities (CS), enclosed by any method of opened trades, being in KASE's official list (excluding securities, which are included into state shareholdings, sold by KASE) was decreased from 0.015 % to 0.01 % from sum of given deal from each of side (if only this deal was not enclosed by account of physical entity).
If such deal was enclosed by order, for account and in the interests of physical entity, than according to Amends the commission fee of Exchange on given deal is charging at following rates:
- on deal for amount of up to 1 million tenge inclusive - KZT100;
- on deal for amount from 1 to 3 millions tenge inclusive - KZT150;
- on deal for amount from 3 to 5 millions tenge inclusive - KZT200;
- on deal for amount more than 5 millions tenge - 0.01% from sum of given deal.
Except this, similar changes and additions #1 (Amends) were included to KASE's internal document "Rules of organization and functioning of special trade floor of regional financial center of Almaty" (Rules), which are taking effect since January 1, 2008.
Amends were directed fro coordination to Agency of Republic of Kazakhstan for regulating and supervision over financial market and organizations (AFS).