Q&A

The order validity period is the deadline for the order to be executed by the broker.

If the order validity period is not indicated, the broker shall execute this order till the end of the current trading session.

If the order validity period for operations on international markets is more than 1 trading day, the broker shall not execute this order. The order validity period is not available in orders for placing/raising funds in REPO, for transferring funds from a brokerage account since these types of operations are accepted for execution with the current date and time.

National Bank of the Republic of Kazakhstan is the main currency regulation body in the Republic of Kazakhstan. In accordance with this Law, the Government of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan, within their competence, carry out currency regulation and issue regulatory legal acts that are binding on residents and non-residents. In order to prevent risks to the country's financial stability, the Government and the National Bank of the Republic of Kazakhstan may introduce restrictions on the export of cash foreign currency and (or) monetary instruments in foreign currency and restrictions on the transfer of funds outside the country.

Any transfers to third parties are allowed only under agreements for the purchase and sale of securities outside the exchange. Money transfers from a brokerage account to third parties without basis (e.g., without an agreement for the purchase and sale of securities) are prohibited by law. 

Withdrawal of funds in tenge from a brokerage account to a bank account is made within one working day.

Withdrawal of funds in foreign currency from a brokerage account to a bank account takes three days and more.

For 1 day, 3, 7, 14, 28, or 30 days.

Refunds are guaranteed and regulated by the KASE Exchange.

Early closure of REPO transactions to place and attract funds is impossible.

Offers for placing and raising funds with current rates in real time can be found on the KASE website or by contacting a broker.

The central counterparty compensates the money to the REPO Buyer and sells off the pledged assets of the REPO Seller.