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Browsing: Day trading at NSE
- Nairobi Securities Exchange (NSE) has launched day trading, allowing investors to buy and sell securities multiple times in a single day
- The NSE will also use day trading to deepen capital markets when turnover and trading activity have remained flat in recent years
Kenya’s Nairobi Securities Exchange (NSE) has achieved a massive milestone after launching day trading, allowing investors to buy and sell securities multiple times in a single day.
The move by the NSE will also increase liquidity at the exchange.
“Day trading means the buying and selling or selling and buying of shares of the same security on the same account on the same day. Day trading is also called intraday trading,” NSE says on its website.
The Central Depository and Settlement Corporation (CDSC) handles trades under day trading, which provides clearing, settlement, and depository services for listed securities.
According to a report filed by Reuters, the Nairobi …