CDSC
Central Depository and Settlement Corporation
Central Depository System
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NSE
shares.”“The Nairobi Securities Exchange

System outage halts trading at NSE

The system outage, the second this year, angered investors keen to trade as trading was halted since Monday morning’s trading session. NSE attributed the glitch to “technical challenges occasioned by the unavailability of connectivity to the Central Depository System (CDS),” adding this “has made it impossible to buy or sell shares.”

The system outage, the second this year, angered investors keen to trade as trading was halted since Monday morning’s trading session. NSE attributed the glitch to “technical challenges occasioned by the unavailability of connectivity to the Central Depository System (CDS),” adding this “has made it impossible to buy or sell shares.”“The Nairobi Securities Exchange (NSE) wishes to notify market participants, investors and the general public that trading activities are currently unavailable due to technical challenges occasioned by the unavailability of connectivity to the Central Depository System (CDS),” said the NSE in a statement.“The aforementioned has affected core services including trading of equities and bonds.” The bourse said it was working to resolve the glitch.“Our technical teams are working closely with the Central Depository and Settlement Corporation (CDSC) towards resolving the issue in the shortest time possible and the market will be duly notified when services have been restored,” said the NSE. The outage is the latest in a streak of costly glitches at the NSE in recent years and the second one this year.Early January this year, a system outage left NSE investors counting heavy losses after trading was halted for about half of the day.

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