ITS

ITS sets new daily turnover record of $16 million The international trading platform ITS recorded its highest-ever daily turnover of $16 million on December 20, 2024, accounting for nearly a quarter of the previous month’s total turnover. ITS trading volume continues to grow, driven by a rising number of investors. The platform enables seamless trade execution at the best global market prices and any required volume, leveraging best execution standards and advanced liquidity through smart order routing technology. The top ten most traded stocks by volume included Tesla (ticker: TSLA), Micron Technology (MU), Alphabet Class A (GOOGL), Microsoft (MSFT), Mobileye Class A (MBLY), Amazon (AMZN), Occidental Petroleum (OXY), Coca-Cola (KO), Alphabet Class C (GOOG) and NVIDIA (NVDA).

ITS central securities depository receives Qualified Intermediary status from U.S. IRS ITS central securities depositary (ITS Central Securities Depositary, CSD) has received Qualified Intermediary with primary withholding responsibility (WQI) status from the U.S. Internal Revenue Service (IRS). The new status allows ITS CSD to apply a reduced tax rate on dividend income paid to beneficiaries of securities issued by U.S. companies. To benefit from this, beneficiaries must submit a completed W-8 form on time. Detailed submission guidelines and requirements are available on the official ITS website https://lnkd.in/e8aeZHKp

Celebrating Kazakhstan Independence Day, 16th December!

ITS Central Securities Depository Limited Appoints Ayana Kassymkhan as Chief Executive Officer ITS Central Securities Depository Limited (“ITS CSD” or “Depository”) is pleased to announce the appointment of Ayana Kassymkhan as its Chief Executive Officer, effective December 10, 2024, following the resolution of the Board of Directors on November 26, 2024. Mr. Aleksandr Diakovskii will continue to serve as a member of the Board of Directors. Chingiz Kanapyanov, Chairman of the Board of Directors of ITS CSD, commented on the appointment: “I would like to express my gratitude to Aleksandr Diakovskii for his exceptional contributions to the Depository. I am also delighted to welcome Mrs. Kassymkhan as Chief Executive Officer at ITS CSD. Her extensive expertise in the financial industry and proven track record in capital markets will be instrumental in strengthening the Depository’s operations and advancing its strategic priorities.” Mrs. Kassymkhan brings more than a decade of distinguished experience in the financial sector, with a specialization in capital markets. Prior to joining ITS CSD, she served as Chief Executive Officer of AIX Central Securities Depository Limited (AIX CSD), where she focused on advancing key market initiatives and building robust financial infrastructure. Before joining AIX CSD, Ayana held the position of Head of Operations and Member of the Management Board at Tengri Partners Investment Banking (Kazakhstan) JSC. During her tenure, Mrs. Kassymkhan played a vital role in several landmark transactions, including the IPOs of KazMunaiGas and KazAtomProm, Ferro-Alloy Resources, as well as the placement of shares and GDRs for Halyk Bank, kaspi.kz, and premier bond placements for the EBRD, International Finance Corporation, and Asian Development Bank, as well as Eurobonds for the Ministry of Finance. She also led the implementation of Kazakhstan’s first re-domiciliation process, successfully transferring Polymetal International PLC's primary listing to AIX and re-domiciling it from Jersey to the Astana International Financial Centre (AIFC). In addition, Mrs. Kassymkhan introduced the Direct Subscription mechanism for IPOs of national companies, significantly enhancing accessibility for a wider range of investors. Mrs. Kassymkhan’s expertise spans operations management, business development, strategic planning, and leadership in complex financial environments. She holds a degree in Economics and Business from Narxoz University (formerly Kazakh Economic University named after Turar Ryskulov).

ITS joins Islamic Finance and Business Association of Kazakhstan ITS has become a member of the Islamic Finance and Business Association (AIFB), a unifying platform for Islamic finance that is actively working to create the conditions necessary for the practical implementation of Islamic finance principles in Kazakhstan. ITS is confident that collaboration with the AIFB, which is registered under the jurisdiction of the Astana International Financial Centre, will lay a strong foundation for the growth of Islamic business and finance in Kazakhstan, said ITS CEO Chingiz Kanapyanov. The AIFB sees the inclusion of companies like ITS in the Association as an important step toward expanding opportunities for halal investments and attracting global market attention, said Madina Tukulova, AIFB Chairwoman.

Trading volume on ITS reaches record $66 mln in November Trading volume of stocks and depositary receipts on the international platform ITS hit a record $66.2 million in November, marking a 71% increase compared to the previous month. This surge was fueled by the onboarding of new clients through brokers with access to ITS and the introduction of an expanded range of trading instruments. In November, the top 10 most actively traded securities featured ITS World ETF Fund (ticker: ITSW), Freedom Holding Corp. (FRHC), SPDR Bloomberg (BIL), Bilibili (BILI), NVIDIA (NVDA), Advanced Micro Devices (AMD), Coinbase Global, Class A (COIN), SPDR S&P 500 ETF Trust (SPY), MARA Holdings (MARA) and Apple (AAPL). #ITS #trading #volumes #bluechips

Trading volume of ITS WORLD index ETF shares exceeded $0.62 mln on the first day On its first day of trading, November 7, the transaction volume of ITS WORLD index ETF shares (ticker: ITSW) on the ITS platform exceeded $0.62 million. The first transaction was completed at a price of $10.1431 per share. By the end of the trading day, the share price of ITSW had risen to $10.3031, marking a 1.58% increase. Learn more about ITSW and access full details on the ITS website (https://itsx.kz/).

ITS launches the first index ETF in Kazakhstan and Central Asia On November 7, ITS began trading Kazakhstan and Central Asia’s first index ETF. This milestone launch of the ETF, which tracks the ITS World Index, was made possible through the regulatory framework established within the Astana International Financial Centre (AIFC). For just $10, investors can access a diversified portfolio of 50 leading international companies, each a major player in its region and sector, and familiar to Central Asian investors, including names like Kaspi.kz and KazMunayGas. This ETF provides an excellent entry point for beginners interested in Kazakhstan’s financial market with minimal capital, as building a similar portfolio independently would typically require several hundred thousand dollars. IPS Capital (https://ips-cap.com/news), licensed by the AIFC to manage retail investment funds, serves as the managing company for ITSW. Learn more about ITSW and access full details on the ITS website (https://itsx.kz/). 

Interview with our CEO Chingiz Kanapyanov