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Nairobi Securities Exchange - Functions and Performance: EAE 202 Financial Markets

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Kenyatta University
Bachelor of Economics
Nairobi Securities Exchange - Functions and Performance: EAE 202 Financial Markets

Brief Overview:

The Nairobi Securities Exchange (NSE) was constituted as Nairobi Stock Exchange in 1954 as a voluntary association of stockbrokers in the European community registered under the Societies Act. In Kenya, dealing in shares and stocks started in the 1920s when the country was still a British colony. A stock exchange was first floated in 1922 at the Exchange Bar in the Stanley Hotel in Nairobi. However, the market was not formal as there did not exist any rules and regulations to govern stock broking activities.
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