Astana International Exchange (“AIX”, “Exchange”) is pleased to announce the launch of the service for issuance, settlement and safekeeping of non-listed securities, where AIX Registrar acts as a primary registrar. Such securities are available only for accredited/qualified investors with no listing or admission to trading on AIX. Securities may be traded Over-the-Counter (OTC) only with the settlement in AIX CSD according to the standard procedures.
The first issuance of non-listed securities was done for BRIG private equity fund, managed by SQIF AM Ltd, an AIFC licensed Fund Manager.
Assel Mukazhanova, CEO of AIX, noted:
“AIX is making another move to address clients’ needs by offering a sale venue for over-the-counter transactions. We remain dedicated to one of our key principles – building the right conditions to foster capital market development”.