Floor trading gives way to full automation in October
Tuesday, September 16, 2008
The BSE has announced that as from October 6, Barclays, Imara, Olympia, Furnmart and Sefalana Cash and Carry will be added to the CSD system as the bourse switches from floor trading to automated trading of shares, bringing the total number of counters on the new system to 13.
Apart from MRIB which de-listed from the bourse last week, there are eight companies whose shares can be traded electronically - Standard Chartered Bank, G4S, RPC Data, ABCH, BIHL, FNBB, Sefalana and Turnstar.
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