The Nairobi Securities Exchange (NSE) has admitted Fintrust Securities Limited as an Authorized Securities Dealer (ASD), a strategic move aimed at expanding Kenya’s fixed-income market under its ongoing reform agenda.
Fintrust’s entry into the ASD framework enables the firm to actively engage in bond trading on the NSE platform, aligning with efforts to enhance market liquidity, transparency, and investor inclusivity. This development is part of the hybrid bond market model launched by the Capital Markets Authority to democratize access to bond trading for licensed financial service providers.
“Welcoming Fintrust as an ASD is a critical step towards enhancing the liquidity and efficiency of the NSE’s bond market. This inclusion broadens the pool of market participants and strengthens price discovery and market transparency.” – NSE Chief Executive Officer, Frank Mwiti.
Fintrust Securities CEO Gibson Wachaga echoed the significance of the admission, saying, “This milestone marks a transformative step towards financial inclusion and growth in Kenya’s bond market. We look forward to unlocking new opportunities for investors and issuers alike.”
Fintrust to Boost NSE Bond Market Activity.
The NSE bond market has shown robust performance in the first half of 2025, with turnover surging by 77.96% to hit KES 1.3 trillion, up from KES 56 billion during the same period last year. This growth underscores the impact of ongoing reforms designed to boost market confidence and attract institutional and retail investors.
With Fintrust now part of the ASD ecosystem, market watchers anticipate further expansion in fixed-income activity, improved pricing efficiency, and broader access for Kenyan investors seeking stable, long-term returns.
Also Read: NSE’s First Listing since 2020 as SKL Joins Bourse.
