adminZSE said its mission is to provide investors with detail to make informed investment decisions based on complete and timely information. Chief executive officer Mr Martin Matanda said yesterday that access to the ZSE data would now be offered for free by way of ZSE data portal website visits and social media access, e-mail alerts and Really Simple Syndication.
Speaking after the launch of the exchange’s new data platform, he said: “On behalf of the chairperson and board of the Zimbabwe Stock Exchange, I am proud to announce the launch of our new ZSE Data Portal.”
The ZSE boss recently said that stakeholders interested in immediate commercial data feeds, delayed commercial data feeds, financial “widgets” and “plug-ins” such as share price tickers and indices for news and corporate websites would have to be pay for the services.
“For the recipients of our current daily e-mails, commercial data vendors, media, brokers, pension funds, commercial banks and anyone with an interest in providing investment information on their websites or online, our transition to an online data dissemination platform means that the current manner in which we provide data to you will (automatically) fall away,” said Mr Matanda.
According to a Wikipedia definition, a web (data) portal is a website that brings information together from diverse sources in a uniform way.
Usually, each information source gets its dedicated area on the page for displaying information often; the user can configure which ones to display. Some of the initiatives to modernise the exchange’s operations include the automated trading, which has been on ZSE’s priority list for many years.
ZSE chairperson Mrs Eve Gadzikwa said that the portal was part of ongoing brand rebuilding, which not only has the endorsement of the regulatory bodies of the Security Exchange Commission of Zimbabwe and Centralised Security Depository (CSD–Chengetedzai), but the Government has on several occasions expressed its desire to see the ZSE modernise and attract capital.
“Most people are aware of the much talked about automation projects and the data portal will complement the modernisation efforts through improving the visibility of the Exchange and, therefore, attract capital,” explained Mrs Gadzikwa.
Online Reporter