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Kazakhstan's AIX, Nazarbayev University to promote listing of mining corporations on exchange

Business Materials 15 July 2021 10:27 (UTC +04:00)
Kazakhstan's AIX, Nazarbayev University to promote listing of mining corporations on exchange

BAKU, Azerbaijan, July 15

by Nargiz Sadikhova - Trend:

Astana International Exchange (AIX) has signed a Memorandum to establish cooperation with Nazarbayev University’s Graduate School of Business (NU GSB) and School of Mining and Geosciences (NU SMG), Trend reports citing AIX.

The Parties intend to cooperate to promote the listing of small and medium-sized mining corporations on AIX, through the creation of a mining resources repository and listing criteria for potential issuers.

It is also planned to develop a Training Trading Platform at NU GSB with ambient visualization of real-time activity on markets and to incorporate market data terminals within the environment.

In addition, AIX and students of NU will conduct joint research which is relevant to both academia and AIX and covers various areas, such as frontier capital markets, design of securities, commodities, market liquidity, and sustainability. Students will also get a chance to get information support for their Master's thesis projects and participate in internship programs at AIX.

AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, Goldman Sachs, the Shanghai stock exchange, the Silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment.

The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative.

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