Wednesday September 7 2022

News Source: Global Exchanges

Focus: Trading Systems and Technology

Type: General

Country: Zimbabwe

Link: https://bit.ly/3Rq53IG




On 31st August 2022, the Victoria Falls Stock Exchange Limited (VFEX) announced the launch of VFEX Direct, an online trading platform specifically designed for retail investors. VFEX Direct provides investors with an easy and convenient way to buy and sell securities listed on Exchange.

In response to the needs of valuable clients, pleased to announce the introduction of VFEX Direct which was mainly developed with retail investors in mind.

VFEX Direct will be accessible through the web portal http://www.vfexdirect.vfex.exchange/ and mobile application

Investors wishing to participate through VFEX Direct, will be required to hold an FCA (Nostro) account with any Zimbabwean bank. VFEX Direct is meant to make investing on VFEX easier and simpler and some of the key features on the platform include;

User Friendly Interface

The platform has been made easy to use, even for a first time investor. The key features such as buying, selling, topping up wallet are easy to navigate.

Portfolio

A view of portfolio indicating holdings in securities account as well as the value of that portfolio.

Market Statistics

Latest market statistics that include the market snapshot, and price sheet to help you track the performance of the market.

Market Depth

The market depth feature shows up to 10 best orders on both the buy and sell side. This feature enables the investor to assess the status of other orders in the market and hence be able to make an informed decision on their buy or sell order.

Price Range on Buy and Sell Tabs

The platform indicates to the investor the acceptable price range for each security.

Click on the above link for further information