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ALMATY. 01.02.2010. KAZINFORM /Sara Mustafina/ Amendments to legislation on commodity exchange followed by Kazakhstan's accession to the Customs Union can cause changes in our work; Deputy Chairman of the Board of "Commodity Exchange "Eurasian Trading System" JSC Valery Zvyagin has said it to Kazinform correspondent. He reminded that the activity of commodity exchanges of Kazakhstan is regulated by the legislation of the country, in particular, by the Law "On commodity exchanges", whereas the Kazakh Ministry of Industry and Trade regulates its work. According to V. Zvyagin, the most anticipated change is the opportinity of direct access of brokerage companies from the Customs Union's member states to the Kazakhstani trade exchanges' bidding. Now only companies registered on the territory of our country can take part in bidding. The ETS was established in 2008 by the Regional Financial Center of Almaty - 40.02% and "RTS Stock Exchange" PJSC - 59.42% of capital stock. The trading participants are ultimate customers and exchange brokers from Kazakhstan and Russia with their customer base in Iran, Turkey, Tajikistan, Kyrgyzstan and Uzbekistan. The exchange capitalization made USD 10.8 mln. At the end of 2009 the ETS became a full-fledged member of the Financial Institutions' Association of Kazakhstan.


Resourse: KAZINFORM







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