Trade Information
For foreign investors
For foreign investors
Get to know in detail, how you can efficiently use opportunities of the stock market to reach financial stability and independence for your business
STOCK MARKET'S INFRASTRUCTURE
REMOTE MEMBERSHIP IN KASE WITH THE REMOTE MEMBERSHIP (RM) SYSTEM
The Remote Membership (RM) system on KASE offers remote membership for foreign companies which cannot or do not want to be present on the Kazakh stock and derivatives markets, but want to have access to them.
- members of stock exchanges that are members of The World Federation of Exchanges
- foreign legal entities holding respective licenses from the authorized body of the country of incorporation for execution of brokerage/dealing activities. Admission of foreign legal entities to trading on KASE is possible provided there are international agreements on cooperation and information exchange between authorized bodies for surveillance of brokerage/dealing activities providing for mutual recognition of licenses for brokerage/dealing activities.
- access to more than 100 securities of investment-attractive Kazakh companies
- T+2 settlements on the shares market
- financial incentives for brokers and dealers and market-makers
- growing potential of the emerging capital market
- transparence, clarity and integrity of regulations and requirements
- Compliance with KASE requirements
- Registration as a taxpayer in the Republic of Kazakhstan
- Conclusion of current account agreement and depositary service agreement with the Central Securities Depository
- Obtaining membership on KASE
- Payment of entrance membership fee
- Obtaining the status of a clearing participant
- Admission to trading
More details of the Rules of operating the trading system in the remote access mode are available here
DIRECT MARKET ACCESS (DMA)
Direct Market Access (DMA) is a set of software and hardware of a KASE member that communicates with KASE's trading system and is designed for conclusion of deals based on client orders of DMA-clients
DMA is aimed at institutional investors and traders implementing algorithmic and high-frequency strategies on the stock market. DMA-clients of a broker may send orders
DMA-clients of a broker can send orders immediately to KASE's trading system and receive market data very quickly, using advanced technical solutions.
Clients' orders are generated by DMA-clients independently (without immediate participation of KASE members) using DMA systems and are forwarded to KASE members through DMA systems in electronic form. DMA-clients' orders are liable for accelerated procedures of registration, checking, verification, accounting and execution of client orders.
Taxation of investors – non-residents of the Republic of Kazakhstan
| Shares (equity securities) |
Units of unit investment trusts/ETF units (equity securities) |
Corporate bonds (debt securities) |
Government bonds (debt securities) |
|---|---|---|---|
|
Exempt from taxation provided that the transaction was completed on KASE using the open trading method |
Exempt from taxation, if a transaction is made both on KASE and on the over-the-counter securities market |
||
| Shares (equity securities) |
Units of unit investment trusts/ETF units (equity securities) |
Corporate bonds (debt securities) |
Government bonds (debt securities) |
|---|---|---|---|
| There is no coupon payment on shares and units of ETFs and unit investment trusts |
Exempt from taxation on bonds quoted on KASE official list as of the date of accrual of interest |
Exempt from taxation, regardless of whether the bonds are on KASE official list or were purchased on the over-the-counter securities market |
|
| Shares (equity securities) |
Units of unit investment trusts/ETF units (equity securities) |
Corporate bonds (debt securities) |
Government bonds (debt securities) |
|---|---|---|---|
|
Exempt from taxation, if the following criteria are met
|
No dividends are paid on bonds | ||
Contacts
- phone number: +7 (727) 237 60 19
- fax: +7 (727) 237 53 09
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e-mail: