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Electronic bond trading comming up soon
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mukiha
#1 Posted : Friday, September 25, 2009 10:42:00 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
NSE will have an electronic bond trading system by the time KenGen PIB hits the market on November 9th.

This will be bring good fortunes for the fixed investments board...

Source: NSE Chairman

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Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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KulaRaha
#2 Posted : Friday, September 25, 2009 12:02:00 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
I'll beleive it when I see it...bond traders would hate that transperancy

Business opportunities are like buses,there's always another one coming
Business opportunities are like buses,there's always another one coming
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kizee
#3 Posted : Friday, September 25, 2009 9:17:00 PM
Rank: Member


Joined: 1/9/2008
Posts: 537
@ mukiha

bond traders are the main drivers of the bond OTC market as envisaged,brokers have killed the market with endless bureaucracy...i just wonder how this bond will trade OTC....as we speak no platform has yet to be settled upon...unless the NSE want bond dealers(majority of whom work in banks) to use the ATS platform
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