/KASE, January 20, 2025/ – As announced earlier, trading in futures on securities of exchange-traded investment funds opens on Kazakhstan Stock Exchange (KASE) as of January 20, 2025.

As stated in the specifications for these futures:

• the day of commencement of a futures contract is the fifth day of the month that that falls on the start of a quarter: January, April, July, and October;
• the final day for trading in a futures contract is the third Thursday of the month that concludes a quarter: March, June, September, and December;
• trading in a futures contract is available for four circulation periods;
• the execution day of a futures contract occurs on the last day of its trading period.

In addition, the specification establishes particular parameters for trading futures on securities of exchange-traded investment funds.

From January 20, 2025, trading in the following futures contracts on securities of exchange-traded funds will be available on KASE:

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Item No.                         Trade         Trade end
            Code                 start   (execution day)
----------- --------------- ---------- -----------------
Futures for SPDR S&P 500 ETF TRUST                      
----------- --------------- ---------- -----------------
1           US_SPY_-3.25      20.01.25          20.03.25
2           US_SPY_-6.25      20.01.25          19.06.25
3           US_SPY_-9.25      20.01.25          18.09.25
4           US_SPY_-12.25     20.01.25          18.12.25
--------------------------------------------------------
Futures for SPDR Gold Shares ETF                        
--------------------------------------------------------
5           US_GLD_-3.25      20.01.25          20.03.25
6           US_GLD_-6.25      20.01.25          19.06.25
7           US_GLD_-9.25      20.01.25          18.09.25
8           US_GLD_-12.25     20.01.25          18.12.25
--------------------------------------------------------
Futures for Nasdaq-100 Index ETF                        
--------------------------------------------------------
9           QQQ_KZ-3.25       20.01.25          20.03.25
10          QQQ_KZ-6.25       20.01.25          19.06.25
11          QQQ_KZ-9.25       20.01.25          18.09.25
12          QQQ_KZ-12.25      20.01.25          18.12.25
--------------------------------------------------------
Futures for SPDR Bloomberg Barclays 1-3 Month T-Bill ETF
--------------------------------------------------------
13          US_BIL_-3.25      20.01.25          20.03.25
14          US_BIL_-6.25      20.01.25          19.06.25
15          US_BIL_-9.25      20.01.25          18.09.25
16          US_BIL_-10.25     20.01.25          18.12.25
--------------------------------------------------------

As of said date, a new internal KASE document "Specification of Futures Contracts on Securities of Exchange-Traded Funds" comes into effect.

KASE reminds you that currently trading in derivative financial instruments is held on KASE on working days from 10:00 to 17:30 o'clock, Astana time, the clearing session for these trades – from 20:30 to 21:00 o'clock, Astana time.

Clearing participants of KASE's derivatives market, the list of which is published on KASE's website at see more can participate in the exchange trading in derivatives.

The results of trading in futures on KASE are published at see more

The internal documents governing the procedure for operation of KASE's derivatives market are available at see more ("Trades" tab).

[2025-01-20]