OREANDA-NEWS. August 02, 2010. Kazakhstan Stock Exchange (KASE) has launched a Capacity Building Project aimed at improving the liquidity of the securities market and enhancement of the quality of KASE services towards issuers and investors, reported the press-centre of KASE.

The consulting project was initiated by KASE in the framework of its cooperation with European Bank for Reconstruction and Development (EBRD) and is implemented with the help of Wiener Boerse AG and its partner – consulting company CAPMEX (The Capital Market Experts). The project is funded by the European Bank for Reconstruction and Development through a grant, which was provided to KASE with the aim to develop Kazakhstan's securities market.

Following experts with high professional qualification and extensive work experience will work with KASE:

- Hannes Takacs - Managing Director, CAPMEX, Vice Chairperson of   Prague Stock Exchange Chamber (acting as PSE Board of Directors)
 
- Roberto Motusic - Senior Associate - Capital Markets & Exchange Development, CAPMEX, former President/CEO of the Management Board, Zagreb Stock Exchange

- Ruediger Ruecker - Senior Exchange Expert and Securities Trainer, CAPMEX, former Vice-President Corporate Communications, Wiener Borse AG

- Sabine Wladar - CEE Senior Data Manager, Wiener Borse AG

- Wolfgang Pohn - Senior Associate - Capital Markets & Exchange Development, CAPMEX

The project contains an assessment of the factors that are influencing liquidity of securities on Kazakhstan?s capital market, a research of the KASE market data dissemination system, and trainings for KASE personnel and market participants. Project duration is six months.

As a result the experts will prepare a final report and elaborate concrete recommendations. The set of recommendations should lead to an increased attractiveness of Kazakhstan’s securities market.