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CMA moots system to nab insider trading at bourse

Capital Markets Authority acting CEO Wyckliffe Shamia (R) and Nairobi Stock Exchange CEO Geoffrey Odundo during a past workshop [Antony Gitonga, Standard]

The Capital Markets Authority (CMA) plans to install a surveillance system for real-time tracking of Nairobi bourse activities to unmask insider dealings.

The regulator says the system will help it to monitor trading activities on the Nairobi Securities Exchange (NSE), unearth misconduct and promote market integrity and investor confidence.

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