The “Caspy Commodity Exchange” JSC (CCX) is the leading commodity exchange in Kazakhstan. The main commodities traded on their platform include petroleum products and coal, along with various others that, while not as substantial in volume, frequently appear on the platform.
Notably, Caspy Commodity Exchange was the first in Central Asia and the CIS countries to initiate GHG emissions trading as part of the development of Kazakhstan’s ETS. At the same time, they are working on establishing a voluntary carbon market with the Kazakhstan Renewable Energy Association “Qazaq Green”. CCX actively participates in reforming the national economy by developing electronic trading, fostering interstate economic relations, and shaping market dynamics. Since 2018, CCX has been an active member of the Association of Environmental Organizations of the Republic of Kazakhstan. Every two to three years, CCX organises the international forum Carbon-KZ in Astana for companies, government bodies, and international experts to discuss the Emission Trading Scheme.
They are also expanding their activities to neighbouring countries as they aim to grow in the international market. CCX is a group of companies that also includes an electronic trading platform (Caspy Tender), where large enterprises, particularly from the electricity market, conduct their procurement procedures. More than 10,000 customers have already optimised their procurement activities with the help of CCX.
Their IT team is actively developing and improving proprietary software and technical support for the group. They are committed to ensuring that all of their customers are provided with the necessary tools during their trading activities.
CCX JSC carried out additional capitalisation by increasing the authorised capital to 2.4 billion KZT. The exchange has become a leader in trading volumes of petroleum products in the Republic of Kazakhstan.
Together with the RES Association Qazaq Green, launched a project to organise a voluntary carbon standard – QGCP in Central Asia.
In terms of exchange turnover volumes, CCX became the leading exchange in the Republic of Kazakhstan. The exchange has modernised its trading system and passed repeated information security tests.
Approved by the Government as a trading platform for conducting exchange trading with petroleum products, bitumen and coal.
- Acquisition of 100% of shares in the clearing center, which provides for CCX collateral and risk management and post-trade services.
- Approved by the Government as a platform for LPG trading.
The listing procedure on the Kazakhstan Stock Exchange KASE was completed, indicating the financial market’s confidence in CCX in terms of the transparency and openness of its activities.
CCX created and put into operation Caspy Tender LLP, a subsidiary electronic trading platform for corporate procurement procedures.
Launch of GHG emissions trading in Kazakhstan.
