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FINSEC plans derivatives

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LOCAL alternative trading platform Financial Securities Exchange (FINSEC)plans to introduce automated derivatives writing and trading, as it pushes to bring the country’s capital market up to speed with the rest of the world.
Derivatives are contracts between two or more parties whose value is based on an agreed-upon underlying asset, or set of assets such as commodities, securities or an index.

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Garikayi Munema, Finsec general manager

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