The Nairobi Securities Exchange (NSE) has shelved a planned Sh120 million upgrade of its Automated Trading System (ATS) on the back of run-away costs that saw the bourse’s net earnings dip 21.1 percent in the half year ended June 2024 to Sh54.7 million.
The ATS is the NSE’s trading platform, first activated in September 2006 when the structure of trading switched from the previous oral auction system to electronic-based auctions.
