East Africa bourses to link up for real time trade

Trading on the Nairobi Securities Exchange. Bourses in the region will be linked in six months. PHOTO | FILE

Capital Markets Authorities in East Africa plan to link up their stockmarkets in a move that will enable real time trading activities across the region.

Celestine Rwabukumba, the chairperson of the East African Securities Exchanges Association and the chief executive of the Rwanda Stock Exchange said the plan is to integrate the financial sector through smart-order routing technology in the next six months at a cost of $2.6 million.