Nairobi Securities Exchange

The Nairobi Securities Exchange (NSE) started out as the Nairobi Stock Exchange in 1954 as a voluntary association of stockbrokers in the European community registered under the Societies Act. The Nairobi Securities Exchange is licensed and regulated by the Capital Markets Authority. It has the mandate of providing a trading platform for listed securities and overseeing its Member Firms. The Capital Markets Authority is the Government Regulator charged with licensing and regulating the capital markets in Kenya. It also approves public offers and listings of securities traded at the Nairobi Stock Exchange.

The Central Depository and Settlement Corporation provides clearing, delivery and settlement services for securities traded at the Nairobi Stock Exchange. It oversees the conduct of Central Depository Agents comprised of stockbrokers and investments banks which are members of NSE and Custodians.

Government and corporate bonds are also traded on the Nairobi Securities Exchange. Automated bond trading started in November 2009 with the KES 25 billion KenGen bond. Average bond daily trading is US$ 60m.

Trading hours are from 09:00 to 15:00. Delivery and settlement is done scripless via an electronic Central Depository System (CDS) which was installed in 2005. Settlement is T+3, on a delivery-vs-payment basis. The daily price movement for any security in a single trading session shall not be more than 10% except during major corporate announcements. 

Business Days

Monday - Friday (9:00 am - 15:00 pm)

Trading Hours 9:00am - 15:00 am