VFEX targets retail investors

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THE Victoria Falls Stock Exchange (VFEX) says it is aiming to increase retail investor participation with its recently launched online trading platform.
Retail investors are non-professional market participants, who generally invest smaller amounts than larger institutional investors, who have historically dominated the local capital market.

Since the launch of the US dollar-denominated market in 2020, trading has been dominated by institutional investors.
Kuda Mundowozi, the acting head of markets at the Zimbabwe Stock Exchange ― the parent company of VFEX ― said the platform, which is called ‘VFEX Direct’, “was developed with the retail investor in mind”.