Futures trade at NSE set for pilot next Thursday

Nairobi Securities Exchange trading floor. FILE PHOTO | NMG

Investors will from next Thursday be able to enter into quarterly contracts to buy or sell shares on seven blue-chip counters at specified prices to be paid at agreed future dates.

The Nairobi Securities Exchange (NSE) on Wednesday announced the launch of the long-delayed financial derivatives market that will also allow investors to bet on a set of 25 stocks under the NSE 25 Share Index.

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