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The new NSE derivatives offering will provide investors with a revolutionary onboarding process that will take less than five minutes to start trading as opposed to the current average two-day processing time, putting Kenya at par with global standards.
Samwel Kiraka, CEO of EGM Securities, said: “We are very pleased to deliver another innovative and world-class offering to Kenya’s financial markets that enables investors to take quick advantage of intraday trading opportunities on the NSE derivatives markets, eg buy in the morning and sell in the afternoon, across all our trading platforms, including MT4, Webtrader, and Kenya’s well-known FXPesa.”
The World Federation Of Exchanges To Hold 37th Clearing & Derivatives Forum This Week Date
19/04/2021
The World Federation of Exchanges (“The WFE”), the global industry group for CCPs and exchanges, will hold the 37
th edition of its Clearing & Derivatives Conference virtually this week. The conference runs April 19- 23.
The conference brings together academics, policy-makers, regulators, CCPs, derivatives markets and practitioners from around the world to exchange ideas on the opportunities and challenges for the future of central and bilateral clearing in the light of regulatory reforms, market structure changes and technological developments.
The programme comprises speeches, conversations, panels and presentations from a distinguished range of industry leaders and researchers in a number of key areas including CCP default management processes; recovery and resolution; the role of financial market infrastructure in managing climate-related financial risks; marke
NYSE market value surpasses the US GDP
By BR Reporter
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THE New York Stock Exchangeâs value increased due to the recent growth of the stock market amid the coronavirus pandemic. This growth has made the stock exchange surpass the US economy.
Financial website Finbold recently released data that indicated that the $25.62 trillion market capitalisation of the New York Stock Exchange (NYSE) is higher than the US GDP of $21.67 trillion.
The website stated that the market cap was the latest available data from February 2021 based on World Federation of Exchanges figures. The GDP data is as of April 2021, provided by the Congressional Budget Office.
The recent news of the demutualisationof the Nigerian Stock Exchange flooded the markets with great excitement following its long anticipation. But while a welcome development, a lot of investors still find the term and concept a bit too highfaluting.
This article, while not a detailed exposé on the subject, looks to throw some light on what it really means and the opportunities it affords you as an investor.
In simple terms, the demutualisation of the Nigerian Stock Exchange means that the Exchange has moved from operating as a not-for-profit, member owned entity and has become a profit-driven, limited liability company which is accountable to its shareholders. It essentially separates ownership and voting rights from the right of access to trading and represents a clear departure from the traditional operation of a securities exchange. It is a new dispensation in the development of stock exchanges across the world that is gaining more prominence in recent times.
Traders Magazine
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The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, published a research paper titled ‘
Circuit breakers and other market safeguards,’ as part of the industry’s work on systemic resilience and the structures that support market integrity.
This paper, the first of a two-part series, examines and analyses the kind of circuit breakers and other safeguards that are most prevalent among exchanges today and how they were used during the recent COVID-19 related events. The analysis focuses on the equity markets, covering both cash equities and equity derivatives, and reflects exchanges’ views on the topic over the period from June to November 2020, when the survey was conducted.