• Home
  • Business News
  • Weekly Reviews
  • Market Reports
Friday, May 30, 2025
  • Login
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
No Result
View All Result
Home African Markets

NSE’s Upgraded System to go live on Monday.

The Trading Room by The Trading Room
in African Markets, Global Markets, NSE, Technology
Reading Time: 2 mins read
A A
2
NSE’s Upgraded System to go live on Monday.

NSE's new system provided by London Stock Exchange owned MI Technologies.

Share on FacebookShare on Twitter

The new Active Trader System of the Nairobi Securities Exchange is set to go live next Monday 14 October, 2019 bringing an end to a long wait for system change by traders and participants in the Equities Market Space. This comes in the week of user data migration by the Central Depository & Settlement Corporation from Oracle Based servers to Perago Group depository system.

RELATED POSTS

NSE Market Report 11 April 2025: Britam moves 15.1 Million Shares

US Stock Market Sinks as Tariff Tensions Overshadow Economic Data

NSE Market Report 10 April 2025: I&M Rebounds 7.8%

The New Active Trader by the MIT now opens a final way for day trading at the NSE, raising hopes for more activity on the retail market and all stock brokers and investment banks have already been trained and on boarded to the system. The new system brings more efficiency in the market and hopefully brings a stop to market halts and trading disruptions the NSE has faced in recent times. The new system will also enable the bourse to finally roll other liquidity tools like securities’ lending and borrowing.

The new system is offered by Sri-Lanka based Millenium Information Technologies, which is a fully owned subsidiary of the London Stock Exchange Group Plc. MillenniumIT’s systems are used by exchange businesses around the world including, London Stock Exchange, Borsa Italiana, Oslo Børs, Turquoise, the London Metal Exchange, Johannesburg Stock Exchange and a series of emerging market exchanges.

Since 2016, the NSE has been looking to move to more efficient trading system but was delayed by challenges on settlement by CDSC which has now upgraded their system and is set to start operations on Monday next week.

NSE moves from Indian based Chellasoft Technology Systems which has been offering the exchange IT support since launch of the AT system & CDSC in 2006, a change from the open outcry which was at the NSE since inception and a tradition for stock exchanges worldwide.

Post Views: 1,360
Buy JNews
ADVERTISEMENT
Previous Post

Market Report 08-Oct-19

Next Post

Market Report 09-Oct-19

The Trading Room

The Trading Room

Related Posts

Image of workers of NSE discussing Market report
Market Report

NSE Market Report 11 April 2025: Britam moves 15.1 Million Shares

by Felix Ochieng
US Stocks market Wallstreet data
Global Markets

US Stock Market Sinks as Tariff Tensions Overshadow Economic Data

by Felix Ochieng
NSE Nairobi Securities Exchange
Market Report

NSE Market Report 10 April 2025: I&M Rebounds 7.8%

by Rennie Odek
From Left Mr. George Obell, Commissioner Micro and Small Taxpayers (MST), Mr. Humphrey Wattenga, KRA Commissioner General, Dr. Chris Kiptoo, CBS, Permanent Secretary, National Treasury and Economic Planning and Said Athman, Secretary, State Department for Housing and Urban Development pose for a photo during the official launch of The Electronic Rental Income Tax Solution (eRITS) by Kenya Revenue Authority at the Serena Hotel, Nairobi on 10th April 2025.
Technology

KRA eRITS System Set to Streamline Tax Compliance by Landlords

by Felix Ochieng
Next Post
Market Report 01-Oct-19

Market Report 09-Oct-19

cic ceo

CIC Appoints Elijah Wachira Acting Chief as Gitogo Exits.

Safaricom shares Stable on News of Planned Stake in Ethio Telecom.

Safaricom shares Stable on News of Planned Stake in Ethio Telecom.

Please login to join discussion
Advertisement Banner Advertisement Banner Advertisement Banner
ADVERTISEMENT

Most Viewed Posts

  • Tea Farmers Set to Receive Kes 28 Billion as Final Bonus Payment (4,109)
  • 4 Things You Can Do With the Cashlet App to Achieve Your Financial Goals (2,201)
  • Hilda Njeru Takes over at CDSC (2,069)
  • Safaricom Finally Launches eSIM: Here’s What You Need to Know (1,920)
  • KenGen Gets Nod to Sell 4 Million Tonnes of Carbon Credits (1,808)

Follow Twitter

About Us

Follow Us

Popular Tag

Africa Asian - Pacific Stocks Asian Stock Markets Australian Stocks Bitcoin Bonds Kenya Bonds Trading in Kenya Brent Brent Crude Capital Markets Authority Central Bank of Kenya Corona Virus Pandemic Crude Oil Cryptocurrencies Derivatives NSE Derivatives Trading in Kenya Dow Jones Industrial Average Ethereum European Stock Markets Global Economy Global Markets Hang Seng Index Investing in Kenya Investor Briefing Jakarta Stock Exchange Kenya Economy Kospi index MSCI Index Nairobi Securities Exchange NASDAQ New York Stock Exchange Nikkei N225 NSE Oil Futures S&P 500 Index Safaricom Plc Shanghai Composite Shenzhen component spotlight Stock Market Report Stock Market Review U.S. Stock markets US oil Wall Street WTI Oil Index

Recent News

HF Group Plc CEO Robert Kibaara

HF Group Posts Solid Growth as Q1 Pre-tax Profit Soar 112%

Absa Bank Kenya PLC Managing Director, Abdi Mohamed

Absa Bank Kenya Reports KES 6.2 Billion Net Profit in Q1 2025 Amid Market Challenges

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 The Trading Room Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TSLA 
$358.43  0.43%  
GME 
$29.57  5.25%  
MSFT 
$458.68  0.29%  
AAPL 
$199.95  0.23%  
AMC 
$3.42  1.16%  
ABNB 
$128.36  0.24%  
GOOGL 
$171.86  0.29%  
AMZN 
$205.70  0.48%  
No Result
View All Result
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports

© 2025 The Trading Room Limited.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?