A TOTAL $4,8 billion was exchanged on the Zimbabwe Stock Exchange (ZSE)’s Central Securities Depository (CSD) during the first quarter of 2022 from 157 304 763 trades.
According to the Depository, 12 issuers have registered their shares on the platform to date.
Central Securities Depository (CSD) is an electronic register of securities such as shares, bonds, derivatives, Exchange Traded Funds.
It allows for ownership to be easily transferred through electronic book entry as opposed to the manual paper certificate transfers with its main functions including deposit and withdrawal of securities, clearing and settlement of trades, safekeeping of securities and
management of corporate actions.
During the quarter under review, ZSE Depository onboarded two Exchange Traded Funds (ETF); Morgan & Co Multi-sector ETF Trust and Datvest Modified Consumer Staples ETF.