Nairobi Securities Exchange (NSE) has received approval from the Capital Markets Authority (CMA) allowing ordinary investors to trade in any number of shares starting from just a single share.

The approval by the regulator allowed NSE to execute amendments to the Equity Trading Rules allowing ordinary Kenyans to trade in securities/stocks in multiples of one share.

Due to the new development in how trading in shares will work in future, the Odd Lot Board that allowed people to buy and sell shares in smaller quantities will now be phased out.

Essentially this move is bound to make it easier for small investors, including ordinary Kenyans, to take part in the securities exchange without the need to buy large batches.

More importantly, the closing price of a listed equity at the end of the day will now only be established if the total cumulative traded volume in a session is at least 100 shares or units.

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If less than 100 shares are traded it will mean the stipulated volume has not been realised, hence the closing price will remain as the previous average reported by the NSE.

This rule is meant to ensure small or irregular trades do not cause misleading price changes.

The Securities exchange led by CEO Frank Mwiti has asked trading participants to inform their investors and adjust their systems accordingly ahead of the changes that will take effect from August 1, 2025.

This change is part of the NSE 2025-2029 strategic plan, which seeks to reinvigorate the Kenyan stock market by encouraging more retail investors to participate in share trading.