Browsing: EFG Hermes

Brokerage Kenyan firm EFG Hermes Kenya has launched its online equity-trading platform, EFG Hermes One. 

According to the company, the platform will see the Firm offer retail investors seamless and convenient stock trading on the Nairobi Securities Exchange (NSE). 

The online trading platform was launched during an event co-hosted by EFG Hermes Kenya and the NSE in the presence of Muathi Kilonzo, Head of Equities at EFG Hermes Kenya and Geoffrey Odundo, the NSE Chief Executive Officer.

EFG Hermes Frontier Chief Executive Officer Ali Khalpey said with capital market trends demonstrating ever-increasing interest from retail investors across the world, the company aims to increase access and awareness to capital markets to foster better equity trading across sub-Saharan Africa. 

“Our expansion into the retail space is part of our commitment to growing our services in the African continent,” he said. 

“We hope to replicate the success we have …

EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), has for the second year running been ranked the number one frontier market brokerage firm in the Extel Survey 2019.

The firm also remains the second highest ranked brokerage firm in the Middle East and North Africa(MENA).

Prior to this accolade, EFG Hermes was also named, for the second time in as many years, the leading Africa (Ex-South Africa) Equities House by the Financial Mail, attesting to the success of its expansion into African markets.

EFG Hermes launched its operations in Kenya in 2017 and has been using its Nairobi office as the hub for its East African research coverage and trading execution.

“As the most dynamic and leading economy in the region, we strongly believe that Kenya is the most appropriate hub for the region,” said Kato Mukuru, EFG Hermes’ Head of Frontier Research.

“Holding our ground …