Newly licensed Ethiopian Securities Exchange unveils trading floor
December 13, 2024--The Ethiopian Securities Exchange has today (Friday 13 December) announced that it will officially launch in mid-January 2025. CEO Tilahun Esmael Kassahun and top colleagues held a press conference on a smart new ESX trading floor. |
The news follows the Ethiopian Capital Market Authority (ECMA) awarding the ESX an operational licence last Saturday (7 December). ESX has two licences; 1) to operate a Securities Exchange for trading securities of issuers that meet the listing criteria and 2) to operate an Over the Counter (OTC) Market for securities of issuers that do not meet the listing criteria, such as smaller businesses. |