The Strategic Cooperation Agreement between KASE and MOEX was concluded on October 10, 2018. The main objectives and areas of cooperation under this agreement are as follows:
- adaptation and implementation of MOEX's trading and clearing systems in KASE's markets;
- developing KASE's markets, increasing the volume of exchange trading and expanding the circle of trading participants, as well as sharing MOEX's experience in exchange trading and clearing technologies, risk management, and the creation of new exchange instruments;
- improving the regulation of exchange markets, clearing and Central Counterparty's activities, as well as alignment of principles for regulating the financial markets of Kazakhstan and Russia, taking into account international standards;
- providing mutual access of trading participants and investors to exchange markets of KASE and MOEX in accordance with the exchanges' rules, attracting international investors to exchange markets of KASE and MOEX;
- setting up an infrastructural clearing organization operating in accordance with the requirements of the laws of the Republic of Kazakhstan, based on the IOSCO's principles and meeting international requirements for clearing organizations.

The agreement also provides for the MOEX to become a shareholder of KASE by acquiring its shares in the amount of up to 20% of outstanding shares of KASE. Therefore, on January 29, 2019, KASE and MOEX made a deal to sell 32,360 previously unissued shares of KASE, as a result of which MOEX's share in the Exchange's capital amounted to 3.32% of outstanding shares.

During 2019, the main project on KASE and MOEX cooperation agenda was the introduction of the MOEX's trading and clearing system in KASE's stock market.

In January, the Terms of Reference specifying requirements of the Exchange for software of the trading and clearing system of the stock market were agreed and signed.

Throughout the year, these Terms of Reference were implemented and KASE employees were trained to operate and administer this system. Also, capabilities and features of this system were presented to KASE customers.

In addition, KASE internal documents were updated to facilitate the introduction of the new trading and clearing system. Also, a number of amendments to statutory legal acts regulating activities in the securities market were initiated.

Trading in some stock market instruments was transferred to the new trading and clearing system during the first stage. At the second stage, the implementation of which is expected in the first half of 2020, it is planned to transfer all stock market instruments to the new trading and clearing system.

Simultaneously with the launch of the ASTS+, the Exchange began to perform functions of the Central Counterparty on stock market instruments, the trading in which was transferred to the new system (more detailed information on introducing the ASTS+ and the Central Counterparty in the stock market is described in sections dedicated to strategic directions 1 and 2). In 2019, the parties worked on the preparation and approval of the Terms of Reference on the implementation of MOEX's trading systems in the foreign exchange and derivatives markets as part of the implementation of the Strategic Cooperation Agreement between KASE and MOEX.

Also, the MOEX provided KASE with advisory services on a number of issues related to the assessment of credit and market risks, requirements for clearing members; requirements for the Central Counterparty as an infrastructure organization and an organization that provides guarantees for the execution of transactions to market participants; application of the legislation on counteracting legalization (laundering) of illegally obtained proceeds and financing of terrorism (AML/CFT) when a financial institution performs functions of the Central Counterparty; attracting foreign participants and investors.

During 2020–2021, the Exchange plans to complete phased modernization of the foreign exchange market and derivatives market systems based on the Terms of References developed for trading and clearing systems of these markets. It is planned to provide CCP services on an updated platform.