THE Capital Markets Authority has hired a consultant to guide the formation of a futures exchange market in Kenya. CMA acting chief executive Paul Muthaura said the Pakistan national, with vast experience in futures trading, started work this week. The consultant has a one-year period to have developed all the necessary requirements for the establishment of a futures market. “This is a very significant step for us,” said Muthaura on the sidelines of a financial literacy forum in Nairobi...
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