NSE banks on newly launched futures trading to deepen market

NSE chief executive Geoffrey Odundo. FILE PHOTO | NMG

The Nairobi Securities Exchange (NSE) is banking on the recently rolled out derivatives trading to deepen capital markets, where turnover and trading activity has remained flat in recent years.

NSE chief executive Geoffrey Odundo yesterday said the derivatives trading would boost liquidity at the bourse, which has 65 listed firms where telcos and banks dominate trade.

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