I.O.'S ORDER OF THE MINISTER OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN

of November 25, 2015 No. 727

About modification of the order of the acting minister of national economy of the Republic of Kazakhstan of March 30, 2015 No. 280 "About approval of Standard rules of stock exchange trading"

I ORDER:

1. Bring in the order of the acting minister of national economy of the Republic of Kazakhstan "About approval of Standard rules of stock exchange trading" of March 30, 2015 No. 280 (registered in the Register of state registration of regulatory legal acts for No. 10993, published in information system of law of Ad_let on November 2, 2015) the following change:

The standard rules of stock exchange trading approved by the specified order to be reworded as follows according to appendix to this Order.

2. To provide to department of regulation of trading activity of the Ministry of national economy of the Republic of Kazakhstan:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) within ten calendar days after state registration of this order in the Ministry of Justice of the Republic of Kazakhstan the direction it the copy on official publication in periodic printing editions and information system of law of Ad_let;

3) publication of this order on official Internet resource of the Ministry of national economy of the Republic of Kazakhstan.

3. To impose control of execution of this order on the supervising vice-minister of national economy of the Republic of Kazakhstan.

4. This order becomes effective after ten calendar days after day of its first official publication.

Appendix

to the Order of the acting minister of national economy of the Republic of Kazakhstan of November 25, 2015 No. 727

Approved by the Order of the acting minister of national economy of the Republic of Kazakhstan of March 30, 2015 No. 280

Standard rules of stock exchange trading

1. General provisions

1. These Standard rules of stock exchange trading (further - Standard rules) are developed according to the Law of the Republic of Kazakhstan of May 4, 2009 "About commodity exchanges" (further - the Law) and determine procedure for activities of members of commodity exchange when making stock exchange transactions with exchange goods.

2. Based on Standard rules each commodity exchange develops and approves own Rules of stock exchange trading (further - Rules of the exchange).

3. The basic concepts which are used in these Standard rules:

1) the address transaction - the stock exchange transaction concluded according to the preliminary two-way deal of the buyer and seller of exchange goods;

2) opening price - the price with which the exchange biddings, or the price of the first committed stock exchange transaction on specific exchange goods (group of goods) at the specific exchange bidding begin;

3) exchange collection - the fee charged by commodity exchange from bidders for the organization of the exchange biddings;

4) the exchange broker (further - the broker) - the legal entity performing the activities at commodity exchange based on the license granted by authorized body in the field of regulation of trading activity, according to the Law of the Republic of Kazakhstan "About permissions and notifications", created in form of business of joint-stock company or limited liability partnership and making transactions with exchange goods on the order, for the account and for the benefit of the client;

5) the stock dealer (further - the dealer) - the legal entity performing the activities at commodity exchange based on the license granted by authorized body in the field of regulation of trading activity, according to the Law of the Republic of Kazakhstan "About permissions and notifications", created in form of business of joint-stock company or limited liability partnership and making transactions with exchange goods in the interests and at own expense, and also at the request of the client;

6) exchange providing - the cash cover brought on returnable basis by participants of stock exchange trading to clearing center of commodity exchange for participation in the exchange biddings as ensuring execution of the obligations on the concluded stock exchange transactions;

7) the exchange biddings - the process which is carried out within rules of stock exchange trading, directed to transactions on exchange goods;

8) the request for sale (purchase) of exchange goods - the proposal (offer) of the participant of the exchange biddings on sale (purchase) of exchange goods or the notification (acceptance) of the participant of the exchange biddings on adoption of the offer on purchase (sale) of exchange goods containing all conditions necessary for the conclusion of stock exchange transaction according to Standard rules;

9) exchange goods - the goods which are not withdrawn from circulation or not limited in turnover including the terminal contract allowed by commodity exchange to exchange trade, except for real estate and intellectual property items;

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