Securities & Trading Technology (STT) is pleased to announce the successful go-live of our Automated Trading System (ATS) at the Namibian Stock Exchange (NSX) on Friday, October13, 2023. The introduction of this innovative technology marks a significant milestone in enhancing the efficiency and functionality of the Namibian capital market.
The ATS, developed by STT, is designed to provide the NSX with a seamless, reliable, and transparent trading platform. With improved order execution and streamlined processes, the ATS ensures a superior trading experience for investors and market participants alike. This initiative underscores STT's commitment to empowering exchanges with innovative and flexible solutions.
“We are excited to bring the Bond Trading Platform to the Namibian Stock Exchange, a move that underlines our dedication to driving technological advancements in the financial industry, "said Michelle de Beer, Managing Director at STT. “Our team has worked diligently to create a robust, user-friendly platform that will enhance trading capabilities and contribute to the growth of Namibian capital markets.”
Tiaan Bazuin, the CEO of NSX said,“the NSX is very pleased with the smooth rollout andimplementation of our bond trading system, the STT system allows for more thanjust bonds so we hope to launch more localized trading systemproducts in future.”
STT expresses its gratitude to the Namibian Stock Exchange, regulators, and all stakeholders involved for their collaboration and support throughout the implementation process. As STT continues to innovate, we remain committed to delivering solutions that empower and revolutionise exchanges and market participants worldwide.