ITS in November: $1.23 bln in trading volume, new US dollar money market fund, additional brokers and instruments
The international trading platform ITS in November 2025 provided investors with access to a new instrument, a proprietary money market exchange-traded fund, ITS Dollar Liquidity (ITSD). ITS also expanded its list of securities and onboarded two new brokers to the platform.
Trading volume in November reached $1.23 billion following a record October, when turnover hit $1.82 billion amid a spike in global market volatility.
The average daily trading volume on ITS in November stood at $62 million. Over the month, investors executed about 270,000 trades.
The most popular foreign securities in November were shares of Tesla (TSLA), NVIDIA (NVDA), Freedom Holding Corp. (FRHC), Alphabet Inc. Class A (GOOGL) as well as exchange-traded funds ProShares Ultra Bloomberg Natural Gas (BOIL) and Direxion Daily Semiconductor Bull 3X Shares (SOXL).
Trading volume on exchanges depends on global market volatility, while turnover growth is driven by onboarding new brokers with their client bases and expanding the range of instruments available to investors.
In November, ITS granted trading participant status to Bulgarian investment broker DeltaStock, licensed in the European Union, as well as one of Kazakhstan's largest brokers with over 25 years of history: Eurasian Capital.
The launch of the ITSD fund, on November 25, expanded ITS's ETF lineup to 15 instruments. Average weekly inflows into shares of these ETFs in November reached $140,000, while average daily turnover stood at $900,000.
"A year ago, the first ETF in Central Asia was launched at the AIFC: the ITS World (ITSW) fund. 2025 has become the year Central Asia established a full-fledged international ETF hub. Over the past 12 months, since November 2024, 15 ETFs have been launched with ITS participation, new players have been entering the ETF market, and thousands of investors have seen the advantages of these instruments," said ITS Managing Director Alexander Diakovsky.
"ITS infrastructure has gained an important role in developing the AIFC financial ecosystem," Diakovsky added.
The management company for ETFs developed by ITS is IPS Capital, which holds an AIFC license for managing funds for retail investors. The instruments are registered in the AIFC jurisdiction and underwent primary listing on the AIX exchange. Income earned by individuals from investments in ETFs launched by ITS together with IPS Capital is exempt from taxation in Kazakhstan, making such instruments more attractive versus foreign funds that are subject to tax withholding.
The ITS platform provides access to over 3,000 investment instruments, including more than 300 ETFs, enabling investors to build strategies for any market scenario.
About ITS
ITS is an international liquidity hub. Central to ITS's business model are the principles of best execution and smart order routing technology. These principles enable investors to execute securities transactions at the best prices available on the global financial market, regardless of the transaction volume. This technology ensures that the liquidity for foreign securities on ITS matches that of leading international platforms where these securities are traded.
ITS Central Securities Depository Limited, the central depository for ITS, offers depository services for the storage and settlement of securities. The depository has received Qualified Intermediary with primary withholding responsibility (WQI) status from the U.S. Internal Revenue Service (IRS).
Operating a clearing house that acts as a central counterparty, ITS assumes the counterparty role for all obligations of clearing participants and manages the clearing process for transactions on the ITS trading platform.
ITS also calculates its own indexes: the ITS World index (ITSW) and the ITS Shariah index (ITSS).
ITS's direct clients include professional securities market participants from Kazakhstan and other countries, such as financial intermediaries that are accredited and directly registered at the AIFC. Investors, both private individuals and legal entities, access trading through these financial intermediaries, such as brokers and banks.
ITS Press Service