Launch of NSE lending plan delayed again to September

New platform for lending shares will be rolled out in September. FILE PHOTO | NMG

A system that allows investors at the Nairobi Securities Exchange #ticker:NSE to borrow or lend bonds and shares will be activated in September and not August as earlier announced.

The Central Depository and Settlement Corporation said Securities Lending and Borrowing (SLB) will only be possible when the upgraded system — which will also allow same-day trading as opposed to current three days—goes live end of September.

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