The market authorities have launched a surveillance system that will monitor transactions in real-time and help track irregularities in the Nairobi Stock Exchange. This new system will ensure equal information on stocks to all market players, and will send real time alerts and analysis to investors.
Commenting on it, Stella Kilonzo, the outgoing CMA chief executive said that the new system is meant to guarantee traders of safety of securities and will be upgraded regularly.
According to the East African, the system which is dubbed “CAPIZAR MSS” will allow for sharing of information among the capital markets regulator, the NSE, and the Central Depository and Securities Control.
Friday is the last day in office for Stella Kilonzo and her exit will see the entry of Mr Paul Muthaura as the acting CEO.