Options derivatives trading coming to Nairobi Securities Exchange

October 31, 2024--A big step forward for Kenya’s derivatives market NEXT, a part of the Nairobi Securities Exchange (NSE), as it moves to introduce options derivatives trading. These will be options on the existing NEXT securities, which are futures contracts for single stocks and indices offered by the NSE.
The Capital Markets Authority Kenya has approved the development.

The NSE has plans to introduce a wider variety of financial derivatives in future.

According to a press release (see here on African Markets website): "The introduction of options contracts is aimed at developing and deepening the derivatives market in Kenya by expanding the suite of financials instruments available to investors."

JSE plunges to lowest level in four months

January 14, 2025-- Industrial stocks recorded the biggest losses.
It was a sea of red on the JSE on Monday, with the bourse closing 1.7% down, at 82 046 points- its lowest level since mid-September.