The Nairobi Securities Exchange (NSE) #ticker:NSE has announced plans to roll out a test launch of its long-delayed derivatives market within the next six months after obtaining the necessary approvals from the Central Bank of Kenya (CBK).
The NSE said Tuesday two banks out of the six it had earlier contracted for trade in derivatives had provisionally been cleared for the launch of the derivatives—instruments based on value of other commodities—market by CBK.
