One of the Pakistan’s best information Technology Organization Info Tech headquartered in Islamabad wins the agreement to digitize the exchanging stocks and fixed income securities of Malawi Stock Exchange, the Stock Exchange has a huge involvement in countries inside the South African Development Community (SADC).
Malawi stock trade was proved in 1995, under the collusion with Reserve Bank of Malawi, it is the individual from African Stock Exchanges Association and World Bank partner. The Reserve Bank of Malawi shortlisted and chose Info Tech as its seller benefits to computerize whole stock trade. The World Bank supported the task to supply and introduce InfoTech’s Capizar® ATS which is a total suite for exchanging stage alongside entire foundation for the Malawi Stock Exchange.
The venture is taking the Reserve Bank of Malawi to the following level of advancement, development, effectiveness, and straightforwardness and allow to pick up topographically autonomous access to Malawi Stock Exchange.
The proposed course of action by InfoTech would address diverse issues including nonappearance of liquidity making the route toward trading and settlement more capable than some other time in late memory. Amir Raza Khan, Vice President and Head of Capital Markets BU at InfoTech expressed, “It is our regard to work with Malawi Stock Exchange and address Pakistan at an overall level. We are empowered that InfoTech has pushed its wander into African markets especially in SADC locale. I should need to salute the Reserve Bank of Malawi to start this undertaking which would automate their methods and need to get a climb in all-out turnover and moreover volumes traded.”