30 Jul InfoTech automates Malawi Stock Exchange

InfoTech was chosen as the partner of choice by the Reserve Bank of Malawi to supply and install InfoTech’s trademark solution, Capizar® ATS, a comprehensiveness trading platform, along with complete infrastructure for Malawi Stock Exchange (MSE). InfoTech was chosen after Capizar fulfilled all technical criteria and because of its notable similar implementations in the region. The unavailability of matching engine at MSE had caused difficulties for brokers to carry out trading. Capizar instantly enabled brokers and their investors to trade from any part of the world without having to come to office to match their trades. The solution has been integrated with the CSD solution to send the executed trades for settlement enabling Straight Through Processing (STP) in terms of placing orders in the market, their execution and eventually the settlement. As a result, not only has the processing of trading and settlement at MSE has become more efficient, Malawi has the infrastructure in place to allow foreign investments and dramatically increase liquidity in its markets.