The Zimbabwe Stock Exchange started using its automated trading system (ATS) successfully on 6 July with rising volumes. It is a long-awaited change as the boursed move away from call over.
Electronic share trading is to go live today, 3 July, at the Zimbabwe Stock Exchange. There are new trading hours and only dematerialized securities can trade.
The value of trading on the Zimbabwe Stock Exchange fell 22% in the first quarter of 2015 (compared to 2014), the bourse has been hit by controversies and several delistings.
Electronic trading is coming to Zimbabwe Stock Exchange under a contract with InfoTech Group, and Chengetedzai Depository Company Ltd says 3 listed companies will be electronic from 8 Sept.