Kazakhstan Stock Exchange (KASE)
The Kazakhstan Stock Exchange (KASE), located in Almaty, is the principal stock exchange in Kazakhstan. It was founded in 1993 as the Kazakh Interbank Currency Exchange. In 1995 the stock exchange received license №1 for conducting stock exchange activity at securities market, however acting of the license was limited with the right of organizing trades in government securities only.
The Exchange is a universal financial market, and can be conditionally divided into five major sectors: the foreign currency market, the market of shares and corporate bonds, the government securities market, the repo operations market, the derivatives market.
The Exchange holds membership in the following organizations:
- Member of Federation of Euro Asian Exchanges.
- Member of Association of Financiers of Kazakhstan.
- Affiliated member of the World Federation of Exchanges.
- Member of International Association of Exchanges of the Commonwealth of Independent States.
The Exchange is a universal financial market, and can be conditionally divided into five major sectors: the foreign currency market, the market of shares and corporate bonds, the government securities market, the repo operations market, the derivatives market.
The Exchange holds membership in the following organizations:
- Member of Federation of Euro Asian Exchanges.
- Member of Association of Financiers of Kazakhstan.
- Affiliated member of the World Federation of Exchanges.
- Member of International Association of Exchanges of the Commonwealth of Independent States.