NSE revives Sh234m trading system upgrade plan after bumper year

Screen showing market trends at Nairobi Securities Exchange. 

Photo credit: File | Nation Media Group

The Nairobi Securities Exchange (NSE) has revived its plan to upgrade its automated trading system (ATS) after a bumper year in which its total revenues crossed the Sh1 billion mark for the first time.

The bourse had shelved a planned upgrade of the ATS due to runaway costs, which saw its net earnings drop 21.1 percent to Sh54.7 million in the half-year to June 2024.

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