📈🔥Astana International Exchange (AIX) has announced its results for the first nine months of 2024, highlighting a record year-to-date trading turnover of $922 million. This represents a major milestone, with total trading turnover since the Exchange's inception surpassing $2 billion. In 3Q 2024 alone, trading turnover soared to $217 million.
Astana International Exchange ("AIX", "Exchange") is pleased to present its results for the nine months of 2024. Since the beginning of the year, the Exchange has shown a significant increase in trading volume, reaching a record year-to-date turnover of $922m. Overall, since the launch of AIX, the trading turnover has totaled more than $2bn. AIX results as of 1 October 2024: · The trading turnover in 3Q2024 reached $217mln, a 2.7x increase compared to $80mln in 3Q2023. · 41 instruments were added to the official AIX list in 3Q2024, which now includes 219 securities offered by 131 issuers. A record 18 securities in one month have been listed just during September 2024. Two liquidity management programmes were registered in 3Q 2024 as well. · Foreign participation in equities trading stood at, respectively, 11% (July), 21% (August) and 17% (September). · Capital raised (debt+equity) since inception amounted to $5.9bn. · There are currently 56 brokers of the AIX and members of AIX Central Securities Depository (AIX CSD); 22 of them are foreign companies from various European and Middle East countries, CIS, China and supranational organization. In Q32024 Investment company Standard (Kazakhstan), Abylai Global Solutions (AIFC), Roemer Capital (Cyprus), KIT Finance and Piter Trust Investments Company (both from Russia) were onboarded as AIX and AIX CSD members. Besides that, Eurasian Bank (Kazakhstan), ITS CSD and RCS Trust and Corporate Services (both from AIFC) were onboarded on AIX CSD as custodians at the AIX CSD. · More than 1.8mln Kazakhstani citizens hold investment accounts in the AIX CSD. Ten Global Custodians hold sub-accounts at the AIX CSD. · AIX Qazaq Index is up 12.4% YTD, all-time high at 1,401.28 on 23rd of August 2024. · Tabys application trading volume since the beginning of the year has reached $9.0mln. 9 of 13 top traded months in Tabys are in 2024. The number of active investors in the app hit 18.9 thousand individuals. Read more... https://lnkd.in/eRY79NRT