KENYA: Nairobi Securities Exchanges Becomes a Full Member of WFE

Thursday February 8 2018

On 2^nd February 2018, the Nairobi Securities Exchanges became a full member of the World Federation of Exchanges.

The Exchange was granted full membership to the Federation following a rigorous evaluation process conducted by members of the WFE, which culminated with an onsite-inspection of the NSE in late 2017.

During the inspection the review team interacted with various key players in the Kenyan capital markets ecosystem including stock brokers, investment banks, large issuers and the Capital Markets Authority of Kenya.

As a Full Member of the WFE, the NSE will participate in major decision making forums on policy and regulatory matters pertaining to the global capital markets.

Additionally, the Exchange will benefit from the rich interactions that the WFE offers – exclusively to its global membership, with a view to promoting the development of the NSE’s business and operations.

This development will potentially lead to more liquidity information on NSE being available. As Full Member the WFE may publish NSE liquidity information in its monthly reports. This will create more transparency for market participants and potential investors.

For additional information please click the link above.