Managers of African stock exchanges have selected 30 brokerage firms for cross-border trading, part of an ambitious project to integrate seven bourses with a combined market capitalisation of $1.25 trillion.
The latest move comes after the African Securities Exchanges Association (ASEA) signed a contract with United Arab Emirates software firm DirectFN for the design and implementation of the software linking trading systems in the seven markets.
For more information, please see https://www.theeastafrican.co.ke/tea/business/african-stock-markets-inch-closer-to-integration-3807018
