NIC NOW Mobile Banking App functionality enhanced to include share trading

-NIC Securities customers will now be able to trade their shares from the palm of their hands following the enhancement of the NIC NOW Mobile Banking app. 

Through the banking app customers can now access the Nairobi Securities Exchange from anywhere and can trade shares at their own convenience. NIC Bank rolled out its unique banking app last year converging banking and lifestyle for its customers. This new functionality complements our features, which allow customers to access their bank accounts and offers services beyond typical banking solutions.

“This flexible trading platform provides extreme mobility by bringing the NOW factor to the NIC Securities clients investment experience. Customers can now trade whenever they want and wherever they are” said NIC Securities’ General Manager Catherine Karita.

With this new enhanced functionality our NIC Securities clients can be ensured that they never miss a trading opportunity with instant access to their trading account, funds and the securities exchange in a simple, user friendly and phone compatible environment. Trades can be placed and managed on the go through app via its simple, intuitive interface, which was designed from the ground up to function seamlessly on all mobile devices.

The app ensures that your funds and the markets are never far from reach. It’s designed to allow clients to view their account status, access stock prices, retrieve statements, view portfolio valuations and get instant market updates and tips. All this is geared towards enabling NIC Securities client’s to place informed buy and sell orders seamlessly.

The app is the first to be rolled outfollowing the move by the Capital Market Authority (CMA) allowing the Nairobi Securities Exchange to roll out rules and structures allowing Direct Market Access (DMA) earlier this year. This allows investors to start trading without physically placing orders with brokers. The move by the regulator, CMA, is aimed at making the market more efficient.

The NIC NOW Mobile Banking app is accessible to customers with any Android, Windows, IOS or Blackberry Smartphones through the respective application stores.  Once customers register, they are able to download the app and using the Security credentials provided by the bank able to access the app.