Newsletter July 2024, Issue 2 | Page 12

FEAS NEWS

And the actions of Short Sellers

FEAS-EURonext academy

Dr Konstantin Saroyan was elected as an Independent Board Director of ETS Commodity Exchange

During the Annual General Assembly meeting of Shareholders of Eurasian Trade System Commodity Exchange – ETS Commodity Exchange, the biggest Commodity Exchange in Kazakhstan, new board members were elected. Dr Konstantin Saroyan, FEAS Secretary General was elected as an Independent Board Director.

Dr. Saroyan commented on his appointment, stating: “I am honored to join the ETS Commodity Exchange as an Independent Board Director. Taking into consideration my experience, I look forward to contributing to the growth and transparency of the exchange, ensuring it ensuring it meets the highest standards of integrity and efficiency.”

The shareholders also considered the issues of early termination of the powers of previous board members and determining the quantitative composition.

It should be noted that the new leadership seeks to continue the development and strengthening of the positions of ETS Commodity Exchange in the market, ensuring a high level of transparency and efficiency in their activities.