Moscow Exchange has signed a letter of intent (LoI) on strategic cooperation with Kazakhstan Stock Exchange. The agreement is designed to develop the Eurasian economic space and establish a unified financial market across the Eurasian Economic Union. Cooperation between the exchanges intends to facilitate mutual access to their respective markets for professional market participants and investors, contribute to building out a central counterparty infrastructure on Kazakhstan's markets, deliver MOEX's trading and clearing IT solutions to KASE's markets, and provide consultations on how to improve on-exchange trading, clearing and risk management processes, as well as create new exchange-traded instruments.

Under the agreement, MOEX may in future acquire an interest in KASE. Investors in both countries will receive access to new instruments while issuers will enjoy new sources of capital.