AIX presents its results for 2025
Astana International Exchange (“AIX”, “Exchange”) is pleased to share the results of its 2025 performance, marked by accelerated market growth, record trading activity, and continued expansion of product offerings and international connectivity.
Throughout 2025, AIX focused on deepening market liquidity, broadening investor access, process optimization to enhance operational efficiency and enable faster market entry, introducing new instruments across conventional capital markets and innovative investment segments, while maintaining a strong pipeline of listings and strengthening its market infrastructure.
Throughout 2025, AIX focused on deepening market liquidity, broadening investor access, process optimization to enhance operational efficiency and enable faster market entry, introducing new instruments across conventional capital markets and innovative investment segments, while maintaining a strong pipeline of listings and strengthening its market infrastructure.
“In 2025, our focus went beyond market growth – it was a year of structural and operational transformation for AIX. Alongside record market activity, we focused on rethinking how the market operates – simplifying core processes to enhance operational efficiency, streamline issuance workflows and better align the market with the evolving needs of issuers and investors.”
Assel Mukazhanova
CEO of AIX
AIX results as of 31 December 2025:
- Securities listings: 368 securities listed by 195 issuers overall, with 215 of them registered in 2025 alone by 113 issuers. For comparison, 140 securities were registered in 2024.
- Capital raised: (Debt + Equity): $11.9 bn since inception; $4.9bn for 2025 with the majority attributable to fixed income debt transactions.
- Trading turnover: Showed sharp increase from $1.3bn in 2024 to $2.1bn in 2025 (debt $1.7 bn and equity $0.4 bn).
- Market participants: 65 trading members, including brokers from Kazakhstan, China, Europe and Middle East – 15 new brokers were onboarded in 2025.
- Custody: 20 custodians – 4 were onboarded in 2025. Nine (9) global custodians maintain sub-accounts at the AIX Central Securities Depository (AIX CSD).
- Investor base: 3 mln retail investors’ accounts with AIX CSD, having grown from 1.9 mln in 2024.