OREANDA-NEWS. February 05, 2010. In pursuance of the Exchange Council decision of Kazakhstan Stock Exchange (KASE) Board approved changes and additions # 7 (amendments) to the KASE internal document "Rules of Trading System Operation in Remote Access Mode" (Rules), effective from January 29, 2010, reported the press-centre of KASE.

Amendments were developed to bring Rules into line with norms of other KASE internal document- Regulations on Commercial Provision of Exchange Trades Information in Real-Time (Regulations).                         

By mentioned amendments the Trading system information, provided by the Exchange for the KASE terminal operation is defined as KASE information product, covered by the exchange intellectual property right as the information is generated in real-time during trades execution and is transmitted by strict method and format only to the trading system terminals for making deals in the KASE trading system or for information purposes.

The trades information in Rules means as well as in Regulations:

-  the data on prices and volumes (in the number of traded instruments) of  orders accepted by the Exchange for deals making;

-  the data on prices and volumes (in the number of traded instruments) of deals made;

-  the data on values of market indices, which Exchange calculates during and/or by results of the trading day and the list of which is defined by Exchange internal documents.

Amendments clarify that the Trading information is the integral part of the KASE trading system terminal.

Amendments establish rules of the trading system use. Trades participants (KASE members) are entitled to:

-  free of charge demonstration of the trading information to their clients only via the trading system terminal and in volumes and content needed for deals conclusion on KASE;

-  use the Trading information for making deals in KASE trading system in compliance with Exchange rules.

Dissemination of the trading information by any means and other purposes is considered by KASE as the secondary distribution of the Trading information, which must be done exclusively in compliance with Regulations.

For violation by KASE members of the Trading information using rules entails penalties.

In addition to above mentioned amendments are editorial.

Rules revised text will be published on KASE website at
http://www.kase.kz/files/normative_base/rules_ts.pdf