NSE admits Victoria Wealth Management as a trading participant

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The Nairobi Securities Exchange has admitted Victoria Wealth Management Limited as a trading participant. The firm is a subsidiary of Victoria Commercial Bank Plc, and the move gives investors one more route into the bourse.

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Kenya

The Nairobi Securities Exchange (NSE) Plc has admitted Victoria Wealth Management Limited as a trading participant, Business Today Kenya reported on Friday. The firm is a subsidiary of Victoria Commercial Bank Plc.

According to Business Today Kenya, the admission gives investors more options for entering the bourse. The outlet called the addition to the NSE's network of trading participants "another important step" for the exchange.

For ordinary investors, it means one more licensed firm through which they can trade on the Nairobi bourse. The report did not say when the firm will start trading or what services it will offer.

Sources Business Today Kenya

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