Thomson Reuters, the global information group has announced the commencement of the supply of real-time information from the Lusaka Inventory Exchange (LUSE) to improve fairness trade opportunities for its local and international customers.
The global info group Public Relations Manager for Middle East and Africa Candice Sgroi mentioned in a press release these days that the introduction with the real-time marketplace data for investors and traders utilizing Thomson Reuters Eikon would consist of the bid and ask price, volumes, and marketplace depth.
“Armed using the real-time info, Thomson Reuter’s customers will be able to make effective buying and selling choices and increase the fairness trading opportunities,” Ms Sgroi said.
Ms Sgroi mentioned the other real-time market data would also consist of newest trades and other related information on equities.
She disclosed that more than 20 securities were listed on LuSE and the market data that Thomson Reuters utilized to supply was previously updated once a day after the market closed.Zambia’a Inventory Exchange is the newest African Exchange that Thomson Reuters has switched to real-time data, following Kenya’s Stock Exchange, the Nigerian Inventory Trade, and also the Ghana Inventory Exchange.
Ms Sgroi pointed out that Thomson Reuters will be the initial Info provider to bring real-time data from the LuSE to investment professionals throughout the world.
“Armed with the real-time info, Thomson Reuter’s clients will be in a position to make efficient buying and selling choices and increase the fairness buying and selling opportunities,” Ms Sgroi said.
She mentioned the international investors who wish to invest in Zambia now have enhanced accessibility to LuSE data thereby reinforcing market transparency.
“Thomson Reuters is proud to be a part of this historic moment for the Lusaka Stock Trade which underpins our commitment to Africa and to introducing much more real-time data feeds to other African inventory exchanges as the financial markets develop,” reads the statement.
Credit: Business Today