Making sense of derivatives: How NSE will handle new segment

The Nairobi Securities Exchange (NSE) has received the green light from the Capital Markets Authority (CMA) to start issuing and trading derivative contracts on the NSE’s Derivatives Market — NEXT.

For the last four years, the NSE has worked together with key partners and stakeholders to develop the regulations and rules for NEXT. These cover the structure of the contracts that will be listed on NEXT, the licensing and supervision of futures brokers and clearing banks, and the trading rules.