Q&A

This principle (Delivery versus Payment, DVP) means that the transfer of both cash and securities between the participants in the transaction occurs simultaneously during the transactions.

The investor has the right and opportunity to open any number of brokerage accounts (one for each broker) and trade within these accounts.

To determine the minimum amount of investment in securities, it is recommended to pay attention to the broker's rates and related costs. The higher the tariffs, the higher the amount of investment must be to justify the cost of buying financial instruments.

A share is a security that secures the rights of the one person who owns it (shareholder) to a share in the capital of a particular company (joint stock company). At the same time, it should be noted that the purchase of only one share gives the right to full participation in the company’s policy.

For example, one share is equal to one vote at annual meetings of shareholders, and depending on how many shares are in free circulation on the stock market, the influence of each individual share increases. The fewer shares in circulation, the higher, as a rule, their price, and, accordingly, the more significant the share in the company. Buyers of shares are automatically entered into the register of shareholders, or a list of all persons participating in the capital of the company, which gives them the right to participate in voting when making strategic decisions.

The investor must take into account the following risks:

• credit risk associated with default or liquidation of the issuer;
• market risk associated with changes in the value of securities due to the market situation.

The price of shares can both rise and fall - the price can be influenced by the financial results of the company and the expectations of investors, the state of the industry and economic cycles.

Past income does not guarantee future income.

There are no guarantees of return on equity investments.

To close the brokerage account, it is necessary to reset it, i.e. to sell the existing securities and withdraw all cash balances to your bank account.

The brokerage account is closed in two cases:

• on the basis of the signed order to close the account - You will need to sign and send us the original order together with a copy of the identity card to the address: A05A1B9, Almaty, 109 "B" Abay ave., 5th floor or Astana, 55/20 Mangilik el ave., office 323 - for JSC Halyk Finance;
• automatically, after 36 months according to internal rules, if there are no movements and balances on the account for this period.

In order to transfer securities, it is necessary to submit counterorders to both brokers for write-off and crediting with the indication of identical transfer parameters (security parameters, client’s data).

To transfer securities from the Tabys application to a brokerage account in Halyk Finance, it is necessary to carry out the following actions:

1. to submit a write-off order in the Tabys application, indicating the parameters of the security and to which account you plan to transfer the securities.
2. to submit an order to enroll in the web-version of the trading platform: https://hftrade.kz/, indicating the parameters of the security and from which account you expect securities.

Important: Tabys securities can be credited to a brokerage account, but only to the AIX market. 
 

If the required financial instrument is not available, please provide the parameters (ISIN, name, ticker) by e-mail: sales@halykfinance.kz to check and then display the instrument in the platform