Suleyman Demirel University Department of Economics Administrative

Suleyman Demirel University Department of Economics & Administrative science stan h azak in K REX of FO lems irbek Prob v Om beko ish mic 3 o an Econ t: Ku : n roup tude S G

Stru c tu re 1. 2. 3. 4. What is FOREX The history of FOREX in Kazakhstan The main problems of Forex in Kazakhstan What we have to do to solve this problems

Part 1 v. The simple sense of Forex (Forex currency exchange, Foreign Exchange) is simultaneous purchase and sale of the currency or the exchange of one country's currency for the one of another country.

v. Trad e actua r in FOR purc lly mak EX: is a hasin e p g an the ope erson w r d sel ling ations of ho curre ncie of countr s ies

nical ch s: Tes d etho nalysi tm ecas ental a or of rex f fundam hod nd futurest Fo d c et Basi ysis an s a m ents a ts of pa i lysis ovem char nal a na ical a price m tudying n Tech icting ds by s of ed t tren hod ents t pr ke a me ovem on is mar ket acti lysis price m d on a mar tal anfuture t base ental andt en damting the trumen ironm tics tha Fun cas nv nd tis ins ore inancial olitical, e and stand dema f s of a f omic, p nt factorsupply anancial econ r releva e basic es the fi othe affect th underli will hatever of w ument instr v § §

P art 2 In K a z zakh st an, mar k the F et ha 90 y orex s cam ear s of t he e i n t he cent ury w t wen deve ith th t iet h lo pm e mark ent o et. f a fr ee

v. The first FOREX companies in Kazakhstan § Alpari (Astana, Almaty) § Forex-Market(Almaty) § Instaforex (Almaty) § Admiral Market(Almaty)

P art 3 v. For e Ka za x marke t in khst an, f finan raud cial i a nd lliter more acy dam caus gl ob age e al fin t han ancia t he V asi l cri s ly Ka is l abin corre Kaza sponden t of " khsta Expe n" rt

v. Main Problems of FOREX in Kazakhstan: § Uncontrolled market § Currency casino § Withdrawal of Kazakhstan people from the market

§The m v. Unc o ain d ntrol rawb unre led m ack F gula arke poss ORE ted m t ible man X is t arke a y sm hat t t, so all-sc t the tim his it be e the ale d new disco came ealin mark custome g cente very of rs, a rs th eting ttrac roug or w t h ne ith o twor ffers k of fu rther emp loym ent

§The s i v. Cur r ency base mple d on casin st me their the f o thod com first de act that of dea workpany - g posits. the new ling ce more ing, an ently p The ma come nter is deal d the ush th in tas r lose s s wit n k h lar convince client of the to s ge su e ms, dhim to m tart espi te loake sses

v. Withdrawal of Kazakhstan people from the market § In view of the widespread fraud in Kazakhstan companies, many professional traders prefer to work directly with European and Russian companies

P art 4 v. Wha solv t w e hav e to d e thi s o to prob The f l ems i rst s t eps t he p t o so robl e lve i n Ka ms o zakh f FO REX st an alr ea have dy b een 2009 mad e in §

v. I think that we need to tighten control over the companies that operate in the area of learning trading, and further consultation people who have been trained.

Thanks for attention