This archive report was first published on 24 December 2019.
On December 24, 2019, the Nairobi Securities Exchange (NSE) welcomed Barclays Bank Futures to the Nairobi Derivatives Market (NEXT), marking a significant milestone in the growth of the derivatives market.
Investors can now buy and sell Barclays Bank Futures, with a minimum initial margin of KSh1,800 required for one Barclays Bank Futures Contract.
The addition of Barclays Bank Futures brings the total number of single stock futures trading on the platform to six, including Safaricom, KCB Group, Equity Group, EABL, and BAT.
The Nairobi derivatives market, which started trading on July 4, aims to expand its product offerings to include commodities in the near future.
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