The Kazakhstani Stock Exchange (KASE) announced the withdrawal from its shareholders of the Moscow Exchange PJSC and the termination of all relations with it. This is stated in the message Kase.
“KASE reports on the termination of relations with MOOEX, which were based on an agreement on strategic cooperation signed by exchanges on October 10, 2018 and related agreements. Since September 30, 2024, the representative of MOOEX – Vladimir Krekoten left the Board of KASE Directors. The basis of his statement about the early termination of powers.
The message notes that during the partnership of the exchange, strategic projects were implemented, including the modernization of trade and changing systems, the implementation of the services of a central counterparty in all exchange markets, the opening of trading with new financial instruments, in particular, a repo with clearing certificates of participation and others. < /p>
Earlier, the US Treasury imposed sanctions against the Mosbirzhi and the National Clearing Center, which is part of the Moscow Exchange group.
Kazakhstani Stock Exchange JSC is a leading stock exchange in the Central Asian region. This is a universal trading platform for corporate and government securities, bonds of international financial organizations, foreign currencies, money market operations – repo and currency swap, as well as derivatives.