Technology, leadership key in stock exchange


The chief executive officer of Botswana Stock Exchange (BSE), Thapelo Tsheole has reiterated the significance of technology in the stock markets around the world and the need to have the right leadership that can match the evolution in the bourses.

He said this is due to the nature of transactions involved primarily; the trading, settlement and maintenance of investor information through the use of technology.

Addressing delegates at the Live2Lead leadership training seminar held at Travel Lodge recently, Tsheole said the faster and more efficient the technology is, the more attractive it is to the stock exchanges. “In fact, in markets that move faster like in New York Stock Exchange there are huge data centres in New Jersey specifically for matching trades and this happens in a fraction of a second,” he said. Tsheole said the BSE has as a result embraced technology as it serves an important purpose of improving efficiencies in line with international best practice. The BSE has so far introduced some technologies. He said the commissioning of the electronic trading system in 2012 has been one of the most important infrastructure investments in the local bourse.

Editor's Comment
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Here in Botswana, we have many single-parent households, mostly female-led, so what does that suggest? That some fathers choose to ditch the responsibility of caring for their children and leave them to the ones who carry them during pregnancy to do the heavy lifting.Of course, in other dynamics, there are instances where the father wants to keep the baby and the would-be mother does not want to, hence the saying ‘whose body is it anyway’.In...

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