Nairobi Securities Exchange (NSE) has launched a mobile NSE app that will allow investors to monitor trading of securities on the local bourse.

According to the NSE, investors, media, financial advisers and the public will access real-time stock prices, market analytics, economic statistics, financial news, market snapshots and the NSE broker directory on the NSE app.

The new NSE App to be powered by Nutcracker Technologies Kenya Ltd will see all financial information and services streamed live on the portal intended to spur higher volume of transactions.

Launched in 2000 in South Africa by Mike Casey and Dean Casey, Nutcracker develops software that customises real-time financial markets for specific clients subscribing to its service, mainly targeting Africa bourses.

The NSE app is looking to cash in on increased mobile phone use by Kenyans who now access banks on apps to settle bills, transfer cash, and shop online.