Uganda Securities Exchange starts automated trading

Trading at the Uganda Securities Exchange (USE) will no longer involve a large white board with traders submitting their bids and offers using marker pens.
1M | 3M | YTD | 1Y | 2Y |
+5.43% | +7.34% | +13.62% | +32.92% | +34.59% |
Value Traded (UGX) 82,267,228 |
Volume 2,196,435 |
Transactions - |
Market Cap. (Bln UGX) 29,597.19 |
Trading at the Uganda Securities Exchange (USE) will no longer involve a large white board with traders submitting their bids and offers using marker pens.
After years of preparations, Uganda Securities Exchange (USE) is set to start automated trading.
The deal under which Norway’s Norfund transferred its shares in Dfcu bank to NorFinance last year is under investigation, it has emerged.
The Uganda Securities Exchange will move to a system of electronic equity buying and selling, ending open-outcry trading, where offers are written on a board on the bourse’s floor.