Shares

NIC Bank

NIC Securities customers will now be able to trade their shares from the palm of their hands following the enhancement of the NIC NOW Mobile Banking app.

Through the banking app customers can now access the Nairobi Securities Exchange from anywhere and can trade shares at their own convenience.

Trades can be placed and managed on the go through app via its simple interface, which was designed from the ground up to function seamlessly on all mobile devices.

The app is designed to allow clients to view their account status, access stock prices, retrieve statements, view portfolio valuations and get instant market updates and tips. All this is geared towards enabling NIC Securities client’s to place informed buy and sell orders seamlessly.

The app is the first to be rolled out following the move by the Capital Market Authority (CMA) allowing the Nairobi Securities Exchange to roll out rules and structures allowing Direct Market Access (DMA) earlier this year. This allows investors to start trading without physically placing orders with brokers.

The NIC NOW Mobile Banking app is accessible to customers with any Android, Windows, IOS or Blackberry Smartphones through the respective application stores. Once customers register, they are able to download the app and using the Security credentials provided by the bank able to access the app.