On February 24-28, 2003, the Information Agency of Financial
Markets IRBIS (Almaty) on request of KAZKOMMERTSBAN
OJSC held the training for bank employees, working with
securities mortgages on the topic "Market Valuation of
Shares and Bonds."
The training included series of lectures on given by the
bank topics, provided by practicing specialists of
Kazakhstan Stock Exchange
(KASE), IRBIS Agency and Alliance Bank OJSC (Almaty).
Under the training participants were presented the KASE
performance, the exchange listing requirements,
specifics of quotation of various securities on KASE, their
coding. Also, were considered most often used by KASE
brokers deals conclusion methods,
reasons, forcing traders to use one or another method. More
emphasis was placed on the deals nature,
the degree of their marketability and reasonability of
application of exchange quotations and prices for shares and
bonds market valuation under certain conditions of the
Kazakhstan stock market.
The training participants familiarized with the project of
exchange valuation method of shares and bonds, used by
trades' participants as repo transactions subjects, and got
better understanding of the main exchange repo market
functioning principles.
The special focus of the training was made on lectures
related to methods of valuation of shares and bonds,
including application of data on trades results.
Lectures were combined with practical examples. The Agency
developed for the training participants appropriate
handouts. Upon completion of the training participants
passed the test, the results of which were delivered to the
bank representatives, and participants received from the
Agency certificates.
Implementation of similar events, which can be called "Professionals
to professionals" – is the first precedent for IRBIS Agency,
which previously was, aside from the main activities,
dealing with training of specialists for the securities
market and educational institutions students. The training
participants expressed the keen interest to the proposed
material, that allows the Agency to hope for scaling up of
this type of service on the Kazakhstan stock market.
More detailed information about the training is available by
telephone (3272) 63-26-46 (Kopbaev Rustem Abdrashevich) or
e-mail:
otk@kase.kz,
igor@kase.kz