Friday, December 22, 2006

Tanzanian Exchange Goes Automatic

The Dar es Salaam Stock Exchange (DSE) automated today, putting an end to the “open-outcry” system, and hopefully allowing for an increased volume of shares traded.

“We no longer need the (trading) bells, but we will miss their sound and the shouting,” the DSE’s CEO was quoted as saying.

The Automated Trading System (ATS) was installed by the same Sri Lankan firm that automated the Nairobi Stock Exchange earlier this year.

I’d be interested in hearing comments from Kenyan investors as to how they think the ATS has changed the NSE for better or worse.

www.investinginafrica.net

3 comments:

NSE Investor said...

Dosent make much a big deal...especially if u had a good broker.
On the other hand cds ...is a great joy to have!

The Kabaka said...

That market is rubbish - tooooooo stringent!

Good for the locals

QUALITY STOCKS UNDER 5 DOLLARS said...

A small leap for tanzanian