| dc.contributor.author | Kimwele, Stephen M | |
| dc.contributor.author | Bosire, Mary | |
| dc.contributor.author | Muiru, Monica | |
| dc.contributor.author | Kamau, Simon | |
| dc.date.accessioned | 2015-08-24T13:41:53Z | |
| dc.date.available | 2015-08-24T13:41:53Z | |
| dc.date.issued | 2015-05-20 | |
| dc.identifier.citation | Kimwele, Stephen M., Bosire, Mary., Muiru, Monica., Kamau, Simon (2015). Effect of automation of bond trading on bond market performance: the case of Nairobi securities exchange. International Journal of Economics, Finance and Man agement Sciences, 3(3): 279-284 | en_US |
| dc.identifier.uri | http://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150303.24.pdf | |
| dc.identifier.uri | http://hdl.handle.net/11295/89987 | |
| dc.description.abstract | The aim of this study was to investigate the effect
of automation of bond trading on the performance o
f bond
market at Nairobi Securities Exchange (NSE). Specif
ically the study sought to determine the effect of
automated bond trading
on trading volumes and to determine the effect of a
utomated bond trading on market size. The study ado
pted a comparative
research design and the population of the study com
prised of all firms trading on the bond market at t
he NSE from 2005 to
2012. The data for the study was collected four yea
rs before automation and four years after automatio
n. Market capitalization
ratio and the number of bonds traded were used to d
etermine pre and post-automation bond market perfor
mance. Paired t-test
was used to determine whether there was a statistic
ally significant difference between the pre and pos
t automation period. The
results of the study indicated that bond trading au
tomation has a positive and a significant effect on
the performance of the
bond market. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | University of Nairobi | en_US |
| dc.subject | Automation of Bond Trading, Bond Market Performance , Nairobi Securities Exchange | en_US |
| dc.title | Effect of automation of bond trading on bond market performance: the case of Nairobi securities exchange | en_US |
| dc.type | Article | en_US |
| dc.type.material | en_US | en_US |
