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The Kazakhstan Stock Exchange is a stock exchange located in Almaty, Kazakhstan. The exchange was founded in 1993. ==History== On November 15, 1993, Kazakhstan introduced its own currency, the tenge. The next day, November 17, 1993, the National Bank of Kazakhstan and 23 local leading commercial banks took a decision to found a currency exchange. The previously existing Center for execution of inter-bank currency transactions (Currency exchange) used to be a structural unit of Kazakhstan's National Bank. The main task assigned to the new exchange was to set up and develop the national currency market following the introduction of the tenge. The exchange was incorporated as a closed joint-stock company on December 30, 1993 under the name Kazakhstan Inter-Bank Currency Exchange. On March 3, 1994 the exchange was re-registered under the name Kazakhstan Interbank Currency Exchange due to the need to match the exchange's name to the current legislation. On July 12, 1995 the exchange was re-registered under the name Kazakhstan Inter-Bank Currency and Stock Exchange following the shareholders' decision to let the exchange begin operating on the securities market. On October 2, 1995 the exchange obtained license No. 1 to carry stock exchange transactions, however this license only covered the right to operate trading in government securities only. On April 12, 1996 the exchange was re-registered under the name Kazakhstan Stock Exchange, since the current legislation banned the stock exchange from carrying out functions of a commodity exchange. On November 13, 1996 the exchange obtained an unlimited license to operate securities trading from the National Commission of the Republic of Kazakhstan on Securities. Since the new Act of the Republic of Kazakhstan "On Securities" dated March 5, 1997 restricted the stock exchange's operation to securities only, the general meeting of shareholders in April 1997 decided to reorganize it by making it separate closed joint-stock company Almaty Financial Instruments Exchange (AFINEX), which was registered on July 30, 1997. As of September 1, 1997 the trading in foreign currencies and futures contracts moved to the AFINEX trading floor. The exchange itself underwent a re-registration on July 1997 retaining its former name. With the Act of the Republic of Kazakhstan "On Making Changes and Additions to Some Legal Acts of the Republic of Kazakhstan Regarding Joint-Stock Companies" of July 10, 1998 coming into effect, the ban prohibiting the exchange to operate trading in foreign currencies and financial instruments other than securities, was lifted, which made it possible to affiliate the AFINEX to the exchange. The relevant decision was taken at a general meeting of shareholders on January 6, 1999, and on March 16, 1999 an appropriate state re-registration of the reunited exchange was effected. On December 15, 2006 KASE was authorized as a special trading floor of the regional financial center of Almaty. On August 23, 2007 a general meeting of KASE shareholders took a decision to commercialize KASE. As part of KASE commercialization, the former voting principle "one shareholder – one vote" was scrapped and the traditional principle "one share – one vote at the general meeting" was adopted. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Kazakhstan Stock Exchange」の詳細全文を読む スポンサード リンク
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