This archive report was first published on 1 October 2019.
On October 1, 2019, the NSE Derivatives Market (NEXT) announced the introduction of Direct Market Access (DMA) for trading members, enabling them to grant clients direct trading rights.
This new platform allows investors to place, buy, and sell orders directly on the Exchange's order book, enhancing visibility and accessibility of the derivatives market.
Direct Market Access benefits investors by providing faster trade execution and greater control over trading, as well as mitigating risks associated with passing trade instructions to third parties.
Trading members are required to assess their clients' level of sophistication and familiarity with derivatives trading before granting DMA rights, which may involve client certification by the Exchange.
Investors seeking DMA access should contact their Trading Members for further information.
The NSE Derivatives Market, regulated by the Capital Markets Authority, facilitates the trading of future contracts in the Kenyan market.
