AIX investors and issuers have access to all the main capital market instruments, such as primary and secondary public offerings; trading in shares, sovereign and corporate bonds, depositary receipts, exchange-traded funds and notes, as well as Islamic financing instruments and RMB bonds. An important feature of the AIX is its readiness to work with mid-cap businesses and junior mining companies.
The AIX provides a complete business cycle, including trading and post-trade processing. It uses the Nasdaq trading platform, integrating over 20 local and international brokers into a single ecosystem and offering a T+2 post-trade infrastructure connected to local and international custodians.
FAVOURABLE CONDITIONS FOR RAISING INVESTMENT
- Extensive opportunities for businesses in Kazakhstan and Central Asia, including access to foreign investment
- The AIX is an integral part of the AIFC, offering favourable conditions for issuers and investors
- The AIX has been given “recognized stock exchange” status by the UK tax and customs authority allowing UK pension funds and other investors to invest on it
- The AIX is recognised as an FTSE Frontier Index Series trading venue
REGULATION
- The AIX regulatory regime is based on English law
- The regulator (AFSA) is independent, flexible and takes a risk-based approach to its operations
- AIX Rules incorporate the best practices and expertise of the UK Listing Authority (UKLA) and Dubai International Financial Centre (DIFC)
BENEFITS FOR ISSUERS AND INVESTORS
- Issuer advantages: subsidies from AIX market-making and professional market/company analysis
- Investor benefits (individuals and legal entities): securities capital gains tax, dividend and coupon payment tax exemptions
- Modern and reliable trade and post-trade systems
EASY ACCESS TO CAPITAL MARKETS
- For issuers – quick and simple listing and cross-listing procedures
- For brokers – an option to trade on the AIX without an AIFC license through the recognition process
LIQUIDITY
- More than 20 broker companies, of which 8 are international
- Market makers are assigned for major traded securities
CURRENCY
- The option to issue financial instruments in almost any currency
- Multicurrency trading and settlements, regardless of financial instrument currency
SECURITY
- The AIX complies with ISO 27001 and ISO/IEC 27032:2012 international information security and cybersecurity management standards