Market Notice Securities Lending & Borrowing Eligibility Requirements & Operational Procedures – pdf

Securities Lending and Borrowing eligibility requirements & operational procedures (hereafter – Notice) are developed pursuant to 6 Section of AIX Central Securities Depository Business Rules and AIX CSD Procedures.

A Participant of the Astana International Exchange Central Securities Depository Limited (hereinafter, “AIX CSD”) may lend or borrow Admitted Products on AIX CSD, subject to requirements set out in this Notice, AIX Central Securities Depository Business Rules and AIX CSD Procedures, Global Master Securities Lending Agreement or any other bilateral agreement approved by AIX CSD (hereinafter, “GMSLA”). In this Notice, the term “GMSLA” refers to either the Global Master Securities Lending Agreement or any other bilateral agreement approved by AIX CSD. The parties to a lending and borrowing transaction may change the terms and conditions of the GMSLA subject to the AIX CSD Business Rules, AIX CSD Procedures and this Notice.

From time to time AIX CSD Participants may enter into transactions (hereinafter, “Lending Transaction”) in which a Lender transfers to a Borrower Admitted Products against the transfer of a Collateral (as defined below) with a simultaneous agreement by the Borrower to transfer to the Lender Admitted Products equivalent to such Admitted Products on a fixed date or on demand against the transfer of assets equivalent to such Collateral by the Lender to the Borrower.

Should you have any questions in relation to this Market Notice, please feel free to contact AIX CSD at [email protected] or by phone +77172 23 53 02 / + 77172 23 53 79.