

Exchange 2019 runs on Windows Server 2019 Core, providing the most secure and reliable platform possible for your messaging infrastructure.NSE also rolled out unquoted securities platform (USP) earlier in the year. The separation paved the way for the introduction of new products including covered short selling. The NSE in October 2019 commissioned a new trading system that allowed for separation of the trading and post trading activities. The day trading is the latest innovation for the NSE, which has been riding on technology to launch new products such as derivatives and gold exchange traded funds.

This will significantly increase our turnovers and attract more investors to the bourse,” said Kiprono Kittony, chairman at NSE. “Day trading will allow investors to trade on one position, two or three times per day. NSE said the benefit of discounted levies will be enjoyed by the investors directly through their trading accounts. The second leg is when the same shares are sold. For instance, the first leg is when buys shares. In trading, a leg is a single position taken in trading. NSE has offered a discounted levy of 0.114 per cent on the second leg of such transaction compared to the usual 0.12 per cent as it seeks to promote the uptake. Share prices usually react when such events happen when the market is open, meaning that significant moves will now benefit day traders.

This will give investors a chance to profit from events that trigger short-term share movements such as when companies announce results, key executives exit abruptly or government announces new policies.Įvents such as imposition of interest rate caps and later on its removal as well as discovery of Covid-19 in Kenya and the containment measures that followed all led to movements in share prices. Kenya, US teams test terror response preparedness Keveye Girls on the rampage, say school treating their security lightly State to pay lawyers for poor robbery with violence suspects, orders Koomeįoreign investors pull Sh1.5 billion from Nairobi bourse
