Astana
Industry NewsJuly 05, 2019

Astana International Exchange Announces Two Leading Trading Members

AstanaKazpost JSC and Renaissance Capital have joined Astana International Exchange (AIX) as trading members, which will lead to thousands of Kazakhstan and foreign investors accessing the AIX platform.
Kazpost JSC is a licensed broker-dealer with the right to maintain customer accounts as a nominal holder, as well as transfer-agency activities since 2000, having amassed more than 32 thousand active individual accounts as a broker.
Saken Sarsenov, Chairman of the Management Board of Kazpost JSC, said:
“Astana International Exchange is a world-class platform, and we are glad to obtain access to it. This shall allow Kazpost to provide a wider scope of opportunities to its clients to invest using this modern trading platform. I can assure that as a broker, Kazpost will actively contribute to the development of the capital market in Kazakhstan.”
Renaissance Capital is an emerging and frontier markets-focused investment bank founded in 1995 in Russia. The firm has offices in Moscow, London, New York, Lagos, Nairobi, Johannesburg, Cape Town, Dubai, Cairo, and Nicosia. Renaissance is established in equity and debt capital markets, M&A, equity and equity derivatives, fixed income, FX & FX derivatives, commodities, and REPO & financing; as well as research and prime brokerage.

Christoph Charlier, Chairman of the Board of Directors of Renaissance Capital, added:
“Astana International Exchange’s tech platform meets the most advanced requirements and expectations of the market participants and offers great opportunities for the stock exchange and its partners. We are happy to be able to provide our clients with full-fledged exchange access to participate in the national privatization programme as well as Sovereign and corporate securities offerings. Being one of the leading investment banks in emerging and frontier markets, Renaissance Capital has a multi-year successful track record of implementing transactions for Kazakh issuers in equity and debt capital markets and promoting Kazakhstan’s investment case among international investors.”
Tim Bennett, CEO of AIX, commented:
“Wide coverage of Kazpost’s client base and experience of participation in the previously held “People’s IPO”, as well as the unique geography of Renaissance Capital’s coverage will open new opportunities for the clients of these companies in the Central Asian capital market.”

Astana International Exchange (AIX) is a modern trade platform created with the use of cutting-edge trading technologies. Its strategic partners are global leaders of the exchange industry – the Shanghai Stock Exchange, the Silk Road Fund, the Nasdaq exchange group, and the Goldman Sachs international financial group.

AIX also announced the launch of its proprietary mobile application for retail investors, “AIX Connect”, which provides users with access to exchange news and disclosures of AIX listed companies, as well as real-time market data.
Available to users of Android and iOS smartphones on Google Play and the Apple Store, the mobile app will soon include other features such as access to investors’ personal securities portfolio, analytics, price alerts, and reminders, as well as the online opening of a brokerage account and trading.

Tim Bennett, CEO of AIX, commented: “Active participation of retail investors in trading on AIX is one of the key factors for the successful development of a liquid capital market. We expect that the “AIX Connect” application will simplify access to the stock exchange for retail investors in Kazakhstan, and as the functionality expands, it will become a convenient tool not only for obtaining information but also for online trading.”

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