Caspy Commodity Exchange (CCX) was regisgtered as a legal entity in November 2011.
On December 30, 2011, the Trade Committee of the Ministry of Economic Development and Trade of the Republic of Kazakhstan issued the state license No. 1000349 to the CCX to carry out the activities of commodity exchanges.
The first auctions in the exchange system took place in the agricultural products section on December 30, 2011. immediately after obtaining a license.
Today CCX is the largest commodity exchange in the Republic of Kazakhstan, which is one of the three in terms of the volume of transactions carried out since 2011.
CCX has created a convenient, reliable and transparent trading mechanism based on a modern software and hardware platform. CCX electronic trading system is a comfortable remote access via the Internet to all exchange markets and related services for trading participants. Financial control guarantees for the execution of transactions and delivery of goods based on the results of trading are provided with modern risk management and settlement mechanisms that meet international standards.
CCX organizes auctions on spot and forward markets, and soon plans to start future market.
Since 2013, CCX is the only exchange on the territory of the CIS countries that has organized auctions under the implemented emission trading scheme in Kazakshtan.
Also in 2014, CCX for the first time in Kazakhstan launched electricity auctions
In the “Portal” section in terms of procurement by subsoil users, the total turnover of trades held on CCX is the highest in the Republic of Kazakhstan.
In 2018, CCX opened a subsidiary company Caspy Tender, on the basis of which an electronic trading platform was introduced. Platform is intended as an electronic procurement system for goods, works and services for subsoil users, natural monopoly entities and commercial organizations.
In 2019, CCX is one of the first exchanges in the Republic of Kazakhstan to receive accreditation from the Ministry of Energy of the Republic of Kazakhstan as a platform for the sale of liquefied petroleum gas (LPG) to the domestic market. Today, on CCX you can find LPG from such plants as Atyrau Refinery, Gas Processing Plant LLP “Amangeldy Gas”, Pavlodar Petrochemical Plant and Shymkent Refinery.
In addition, CCX is the largest exchange for cement transactions. Such factories as Central Asia Cement, Zhambyl Cement Production Company, Rudny Cement Plant, Kokshetau Cement Plant, and Gezhuba Shieli Cement Company are represented on the exchange. At the end of 2020, more than 4,200 transactions were made for a total amount of 58.8 billion tenge.
One of the main platforms for the purchase and sale of coal in the Republic of Kazakhstan is also CCX. In 2020, 1143 coal purchase / sale transactions were made. The total turnover amounted to 63.6 billion. tenge. CCX is the place for the coal from the Karazhyra, Shubarkul, Molodezhny, Kuu-Chekinsky, Maikuben, Kainama, etc. Since April 2021, CCX has been determined by the exchange committee at the The Agency for protection and development of competition of the Republic of Kazakhstan as a platform for the sale of the obligatory volume of municipal coal. In addition, since March 2021, the CCX platform has been admitted as one of the two commodity exchanges for organizers of trading in petroleum products and bitumen.
CCX is constantly improving its corporate openness, transparency to the market and exchange shareholders. In this regard, CCX made a decision to go through the listing procedure and bring CCX shares to trading on the stock exchange. Thus, by the decision of the Listing Commission of Kazakhstan Stock Exchange JSC (minutes of the meeting dated September 19, 2019 No. 25), common (ISIN – KZ1C00005560) and preferred (ISIN – KZ1P00013585) shares of CCX were included in the “Shares” sector of the “Alternative” platform of the official the list of JSC “Kazakhstan Stock Exchange”. This testifies to the maximum transparency of the CCX activities and trust on the part of the financial market of Kazakhstan, which gives significant advantages over other exchanges.
One of the most important events that took place in 2019 is that the CCX trading platform passed the necessary sequrity tests from National Security Agency and proved the reliability and compliance of the software with all the necessary security standards adopted in the Republic of Kazakhstan, which in turn increased the confidence in transactions committed on our platform both by the government and by business.
Since its inception, CCX has been cooperating with commodity exchanges of the CIS and far abroad countries, Kazakhstani and foreign banks, ministries and departments of the Republic of Kazakhstan, and is also an official member of the International Association of Exchanges.
One of the main partners of CCX is Deutsche Börse AG and the Leipzig EEX (European Energy Exchange).
Brokerage companies accredited on the exchange are also accredited on the CIS commodity exchanges.
Today CCX holds auctions on the principles of publicity and equality.
In addition, the CCX takes an active part in the reform of the national economy, the development of interstate economic relations, as well as the formation of market relations. Since 2018, CCX has been an active member of the Association of Environmental Organizations of the Republic of Kazakhstan. Every two years CCX organizes international forum Carbon-KZ in Nur-Sultan for the companies, govenrment and international experts to talk about ETS.
IT support of the bidding process, qualified specialists, standardization of conditions and strict adherence to rules minimizes the loss of time for concluding agreements.
The formation of generally recognized Kazakhstani indicators and future development of the derivatives market will enable manufacturing companies and consumers to effectively hedge price risks and implement long-term planning strategies for production and trading activities.
Prices formed on a liquid and transparent exchange market are recognized as market prices by tax, antimonopoly and exchange legislation.
Position |
Name |
Phone |
Email |
President
|
Erik Tanayev
|
+7 (7172) 64-40-09
|
info@ccx.kz
|
---|---|---|---|
Vice-President
|
Pavel Khvorov
|
+7 (777) 249 91 91
|
khvorov.p@ccx.kz
|
Makler
|
Zhanna Suleimenova
|
+7 (771) 010-53-50
+7 (7172) 64-40-09 (100) |
info@ccx.kz
makler@ccx.kz |
Tech support
|
|
+7 (747) 915 05 45
|
admin@ccx.kz
|
Education:
Graduated with honors in 2002 from the Kazakh Humanitarian Law University with a degree in Jurisprudence. Completed studies in Finance at the Eurasian Academy from 2007 to 2009.
In 2023, obtained a Master of Business Administration degree from M. Narikbayev KazGUU, and an MBA from the University of Business Innovation and Sustainability, Washington DC. Additionally, holds an MBA degree from the Higher School of Management, specializing in “Regional and Municipal Management.”
Professional Experience:
Throughout different periods, worked in the Prosecutor’s Office of the Republic of Kazakhstan, at Halyk Bank of Kazakhstan JSC, International Commodity Exchange ‘Kazakhstan’ JSC, Damu Entrepreneurship Development Fund JSC, various brokerage firms, Caspy Commodity Exchange JSC, and Kazakhmys Holding LLP.
As of March 2024, serves as Chairman of the Board of Directors of Caspian Commodity Exchange JSC.
Education:
Higher education in Law and Engineering.
Corresponding Member of the International Academy of Refrigeration. Honored Ecologist of Kazakhstan.
Professional Experience:
Over 20 years of experience in the public sector in the fields of public administration and ecology (both regional and central levels).
Actively participated as a team leader in the implementation of the Kyoto Protocol norms into the environmental legislation of Kazakhstan.
One of the founders of Kazakhstan’s Emissions Trading System (ETS KZ).
Actively promotes ESG principles and Sustainable Development Goals (SDGs) as a new paradigm for business and societal development.
Education:
Graduated from Kazakh State Law Academy (KazGUA) in 2002 with a degree in Jurisprudence and from the Academy of Public Administration under the President of the Republic of Kazakhstan in 2008 with a Master’s degree in Public Administration.
Professional Experience:
20 years of public service, including work in the Prosecutor’s Office of the Republic of Kazakhstan and holding leadership positions in local executive bodies.
Since July 2022, has been a member of the Board of Directors of Caspy Commodity Exchange JSC.
Education:
Graduated from the Moscow Power Engineering Institute (Technical University) in 2002 with a degree in Power Engineering and a Bachelor’s degree in Engineering and Technology.
Professional Experience:
With over 15 years of experience in the international energy sector, he has gained substantial expertise in areas such as exchange trading development, energy markets, and data analytics.
Throughout his career, he has closely collaborated with leading international financial institutions and consulting firms, including the World Bank, USAID, OECD, and Tetra Tech.
In these organizations, he contributed to the development of strategies for sustainable energy sector growth, the promotion of renewable energy sources, and the enhancement of market mechanisms for energy trading.
Education:
Graduated with honors in 2004 from Al-Farabi Kazakh National University with a degree in World Economy. Holds a CIMA Cert PM certificate (2020).
Professional Experience:
2004-2009: Worked in the quasi-public sector in the regions of the Republic of Kazakhstan (West Kazakhstan and South Kazakhstan regions).
2009-2013: Deputy General Director of the Kazakh Research Institute of Ecology and Climate under the Ministry of Environmental Protection of the Republic of Kazakhstan (reorganized into Zhasyl Damu JSC on April 9, 2013).
2013-2016: Executive Director of the Association of Engineers of Kazakhstan.
2016-2018: Worked at Energy Solutions Center LLP (a subsidiary of Samruk-Energo JSC).
Since June 2018, has been working at Caspy Commodity Exchange JSC. Appointed President of the Exchange in July 2019.
In accordance with Article 53-1 of the Law of the Republic of Kazakhstan “On Joint Stock Companies” dated May 13, 2003 No. 415, the Board of Directors of Caspy Commodity Exchange JSC approved the following committees:
Also in 2014, CCX for the first time in Kazakhstan launched electricity trading on the electricity and capacity trading section on the exchange.
© 2021. Caspy Commodity Exchange.