NSE Integrates Bond Trading System with RefinitivFixed Income Callouts 

Foreign investors have turned bullish on Kenya as the Nairobi Securities Exchange (NSE) with NASI, NSE 20 and NSE 25 gaining by 3.0%, 0.5% and 2.6%, respectively

The Nairobi Securities Exchange (NSE) has integrated its bond trading system with the Refinitiv Fixed Income Callouts application, a flexible trading platform that is secure, transparent and allows for real-time bond trading.  

The easy-to-use application improves price discovery, market monitoring, execution and market transparency.

NSE said Kenya is among the first emerging markets globally leveraging the automated Over the Counter FI workflow that integrates with both, the Securities Exchange and the Central Securities Depository. 

“The integration will facilitate seamless trading of fixed income transactions supporting accurate price discovery, trade negotiations and execution as well as reduce delays caused by the manual processing of bond orders,” the NSE said via its official Tweeter Feed.

Geoffrey Odundo, Chief Executive Officer, Nairobi Securities Exchange, said: “Refinitiv’s trading workflow combined with NSE’s post-trade system will help us improve trade life cycle, reduce operational risks and encourage price discovery and transparency in the market.”

Nadim Najjar, Managing Director, Middle East and Africa, Refinitiv, said the partnership reinforces their commitment to enable the local regulators and financial community with advanced technologies and workflows to achieve efficiency and growth.