The Capital Markets Authority (CMA) will consider lowering transaction levy for day trading to raise the market activity and local investor uptake at a time the bourse has been recording high foreign investor exits.
CMA says lowering its 0.12 percent fee charged on day trading through Public Offers and Listing of Securities (POLD) draft regulations 2022 will raise market liquidity at the Nairobi Securities Exchange (NSE) that kicked off at a slow start.