About Company
50 51
Established: 2017
Address: 55/19 Mangilik El st., block C 3.4. Astana
Working hours: 09:00 - 18:00
Contact Name: Zharas Mussabekov
Email: [email protected]
Website: www.aix.kz
- Joined FEAS in 2018-
Assel Mukazhanova
Acting CEO of AIX
Astana International Exchange
Amid the challenging landscape and geopolitical uncertainties, 2023 proved to be an exceptional year for the AIX, marked by significant accomplishments and notable milestones. Throughout this remarkable period, a substantial array of debt instruments has been listed on the AIX, resulting in businesses attracting over $2bn. The year witnessed record-breaking trading turnover and exponential growth in individual investor accounts.
The highlight of the year was a successful redomiciliation of Polymetal from Jersey to the Astana International Financial Centre (“AIFC”) in August 2023. Earlier in April 2023, Polymetal had approved a primary listing on the AIX, with secondary listings in London and Moscow. According to the internal policies of the AIX all issuers and their beneficiaries are subject to due diligence, including international sanctions. To avoid adverse consequences Polymetal has disposed its Russian business, which was sanctioned by the US last year and therefore is not a subject to counter-sanction restrictions.
The redomiciliation led to its investors and custodians holding Polymetal investor securities opening accounts with the AIX CSD through Citibank Kazakhstan, which is a member of the AIX CSD. A result of this has been that 6 major global custodians have opened sub-accounts in the AIX CSD, which increases the exposure and access to the Kazakhstan stock market for frontier and emerging market funds. In October 2023 Polymetal International Plc was added to the AIX Qazaq Index; now it is among the Top 3 most traded equities in the Kazakh stock market.
Project of the year:
Event of the year: Joining the Tabadul Digital Exchange Hub
Change of the year: Six global custodians joined AIX CSD via Citi
Accomplishment of the year: Total trading turnover (stocks, bonds, ETNs, ETFs) more than tripled from $173m in 2022 to $582m in 2023. Equity trading also returned impressive results over the year, almost doubling to $130m.
Word of the year: Rationalization of the KZ capital market
Person of the year: Olivier Gueris, AIX COO
Member of the year: Teniz Capital Investment Banking JSC
Year in review
The Federation of Euro-Asian Stock Exchanges