OREANDA-NEWS. Kazakhstan Stock Exchange (KASE) informs that on September 8 - 22, 2010 in the KASE trading system shall be held the demo test game for the exchange members to trade futures contracts (hereinafter -  the demo game), reported the press-centre of KASE.

The demo game shall be held to show the KASE members a possibility of operating with derivative financial instruments in the exchange trading system, and to test newly developed trading mechanisms, positions and risk management on the KASE futures market.

The demo game participants shall have a possibility to execute transactions in non-deliverable futures contract on US dollar to tenge and KASE Index.

The demo trades shall be executed on September 8 - 21, 2010, inclusive on working days from 12:00 to 13:00 Almaty time. On September 22 the training contracts shall be closed and the demo game results summarized.

The demo game winner shall be recognized that participants whose margin account balance shall have the largest value among other game participants. By the demo game results KASE shall publish the news with the list of three participants that achieved the best results.

All exchange members can participate in the demo game. In order to participate an exchange member must submit an application to the KASE Trades Department at e-mail trade@kase.kz indicating this participant traders. After  the application receipt the KASE Trades Department shall register this exchange member as the demo game participant, open in the KASE trading system a trading account and ensure access to the demo game of this participant traders.

The demo game terms and futures specification at US dollar to tenge rate and KASE Index are available on KASE website at http://www.kase.kz/files/normative_base/fut_demo.pdf