NSE suspends day trading fees on second leg of transactions

Nairobi Securities Exchange CEO Geoffrey Odundo. PHOTO | NMG

The Nairobi Securities Exchange (NSE) has waived the payment of transaction fees on the second leg of day trading for the next 30 days effective Wednesday, an incentive for the daily retail traders at the bourse.

The discounted new levies were previously seen as a hindrance to the uptake of day trading which had only two per cent of market activity at the Nairobi bourse as at June 2022.

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