Nairobi SE broker backoffice system to support online share trading

The Nairobi Stock Exchange has bought a new broker back office (BBO) system which it hopes will boost liquidity and attract listings, including offering online trading and is set to go live this March. The exchange and the vendor, Chella Software of India, are training personnel at stockbrokers, investment banks and others. The system cost KSh75 million (US$880,000).