Data revenue for NSE now overtakes bond commissions

Nairobi Securities Exchange (NSE) logo on the trading floor. 

Photo credit: File photo | Nation Media Group

The Nairobi Securities Exchange’s income from vending data surpassed commissions from bonds trading for the first time in the six months to June, backed by the increased sale of market data to institutions.

The exchange said that its income from data rose by 80 percent in the period to Sh50.3 million, eclipsed only by commissions from equities trading (Sh129.8 million) and interest income (Sh58.3 million). Bonds trading levies stood at Sh47.4 million, having gone up by 44 percent compared to the first half of 2021.

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