USE comes of age with an automated trading system
Sep 01, 2015
It has been a long time coming but finally, the wait is over. The Uganda Securities Exchange (USE) is now officially trading using an Internet enabled automated trading system.
By Samuel Sanya
It has been a long time coming but finally, the wait is over. The Uganda Securities Exchange (USE) is now officially trading using an Internet enabled automated trading system. This marks a deserved end to the outdated ‘open outcry’ trading system. Uganda now joins an elite club of securities exchanges such as the Nairobi Securities Exchange, the Johannesburg Securities Exchange and others in Europe, Asia and the US that are already reaping the benefits that come with automated trading
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Owning shares is better than land
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Andrew Muhimbise
Andrew Muhimbise, 32, is a young and ambitious serial investor. He has shares in several listed companies such as Uganda Clays Limited, the New Vision, DFCU and Stanbic Bank. Samuel Sanya spoke to him about investing in shares I have a bachelor’s degree in Business Administration attained from Makerere University Business School Nakawa, 2006. I specialised in purchasing and supply chain management. I manage the funds of an investment group to which I belong, plus my own.
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