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The Federation of Euro-Asian Stock Exchanges
About Company
Established: 2017
Address: 55/19 Mangilik El st., block C 3.4., Nur-Sultan
Working hours: 09:00 - 18:00
Contact Name: Zharas Mussabekov
Email: [email protected]
Website: www.aix.kz
- Joined FEAS in 2018-
Renat Bekturov
Chief Executive Officer
Astana International Exchange
In November 2021, we have celebrated three years since the launch of trading on Astana International Exchange. Decpite the fact that we have spent half of this period in pandemic and high volatility period on the the global stock markets, we managed to achieve impressive results. The volume of transactions increased more than fivefold in 2021, the number of securities listed exceeded 130, and the number of accounts of retail investors has reached 160 thousand.
In July 2021, the AIX launched AIX Qazaq Index (AIXQI), which measures the performance of the shares of Kazakhstan linked companies. AIXQI is a market-capitalization-weighted index with a maximum weight cap. The AIX Index was comprised of Equity and GDR securities of 8 Kazakhstani and Kazakhstan linked companies traded on AIX, Kazakhstan Stock Exchange, and London Stock Exchange. In cooperation with Halyk Finance, two exchange-traded notes linked to the AIXQI index were listed on the AIX: an exchange-traded note with a passive investment approach, investing substantially all its assets in Kazakhstani equities in weights determined by AIX Qazaq Index, and an actively managed investment vehicle intended to outperform the AIXQI.
In December 2021, the iX Bitcoin exchange note was issued, with the shares of ProShares Bitcoin Strategy ETF as an underlying asset – one of the largest funds tracking the performance of bitcoin futures. This is the first exchange instrument in Central Asia linked to a cryptocurrency.
AIX systematically develops a system of sustainable financing in the stock market and provides professional support to the participants in this process. We expect the ESG bond and green bond market in Kazakhstan to continuously grow on the back of global incentives for the adoption of sustainable development practices and the implementation of ESG goals among both issuers and investors. In November 2021, Samruk-Energy JSC placed on
the AIX exchange debut “green” bonds in the amount of 18.4 billion tenge maturing in 2028 with the coupon rate
of 11.40%. The full amount was raised on AIX via book-building. Samruk-Energy became the first Kazakh issuer from the manufacturing sector to raise debt financing through green bonds.
Also in November 2021, the Eurasian Development Bank (EDB) listed three-year social bonds in the amount of 20 billion tenge at a coupon rate of 10.6%. The whole issue amount was raised through the AIX. The funds raised will be used for the development of the Issuer’s social projects implemented in Kazakhstan.
At the AIX, we have built up a high-tech trading platform from scratch that offers not only expertise in its field, but also a regulatory environment that is familiar to the foreign investment community. We have a community of almost 30 trading members, including brokers operating in Kazakhstan, as well as global brokers.
The AIX sets ambitious plans for 2022, which will bring the exchange to a new level of development and contribute to further improvement of the investment landscape of Kazakhstan.
Year in review
Project of the year
Event of the year
Change of the year
Word of the year
Person of the year
Accomplishment
of the year
Tabys mobile app for retail investors
Financial Literacy Forum for retail investors
New CEO appointment
Fivefold increase of transactions
Innovations
Yaroslava Shvedova,
Captain of the Kazakhstan Women’s Tennis Team, former third-ranked world doubles player, who opened the market day dedicated to the listing of the AIXQI Exchange Traded Notes, and helped to promote retail investments on the stock market for wider audience.