Category: NSE
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Focus on reactivating investor accounts to boost NSE liquidity
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Only 2.48 percent of Central Depository and Settlement Corporation (CDSC) stock accounts actively participated in trading last year. The rest remains frozen due to inactivity. These statistics are worrying because the inactivity of such a large percentage of accounts affects market liquidity. This situation highlights the need for better engagement…
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NSE to open fractional investment in stocks by December 31
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The Nairobi Securities Exchange (NSE) now plans to introduce a new trading platform by December 31, 2024 that will allow retail investors to buy a percentage or share of shares instead of paying the full price. Under the new system, known as fractional investment, an investor will be allowed to…
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Former NSE chief Geoffrey Odundo joins CPF Group on advisory role
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Geoffrey Odundo, former CEO of the Nairobi Stock Exchange (NSE), has joined financial services provider CPF Group in an advisory role. The company provides retirement benefit scheme, trust fund and administrative services. “Mr. Odundo, a respected leader in African financial markets, will play a pivotal role in CPF’s strategic expansion…