This archive report was first published on 15 July 2019.
On July 11, 2019, the Nairobi Securities Exchange (NSE) derivatives market was officially launched, marking a significant milestone in the region's financial sector.
The platform, which has been warmly received by Kenyan and regional investors, will enable investors to manage risk and diversify their investments through the first derivatives market in the entire East African region.
Stanbic Bank and Coop Bank have been licensed to act as clearing members at the exchange, while 11 trading members, comprising stockbrokers and investment banks, will also participate in the market.
The derivatives exchange is expected to cement Nairobi's position as a leading financial center in East Africa and improve liquidity in the region.
NSE CEO Geoffrey Odundo emphasized the importance of regular training to ensure market participants understand the derivatives market and increase participation in the segment.
