CCP12 Welcomes KASE As An Observer Member

The Global Association of Central Counterparties – welcomes Kazakhstan Stock Exchange JSC as a CCP12 Observer Member.

At the monthly CCP12 Executive Committee Meeting in January 2023, the Executive Committee accepted Kazakhstan Stock Exchange JSC  (“KASE”) as an Observer Member of CCP12. KASE is a fully integrated exchange offering listing, trading, clearing and settlement services. 

‘CCP12 is delighted to welcome Kazakhstan Stock Exchange to CCP12 and look forward to collaboration within our global community and our latest member.” said Teo Floor, CEO of CCP12.

CCP12 is pleased to announce that KASE became a member of CCP12 Association, which includes more 40 members who operate more than 60 CCPs worldwide across EMEA, the Americas and Asia Pacific. CCP12 promotes effective, practical, and appropriate risk management and operational standards for CCPs to ensure the safety and efficiency of the financial markets it represents.

KASE aims to bring its CCP services in accordance with best practices across CCP risk management and operational activities", said Alina Aldambergen, Chairwoman of the Management Board of KASE.