ZSE halts one-hour deal cancellation window

THE Zimbabwe Stock Exchange (ZSE) has scrapped the one-hour window for cancellation of deals on the bourse after the trading session amid an increase in the requests for such actions, the bourse has said.

NDAMU SANDU

In January 2013, ZSE had given stockbroking firms a one-hour window after the end of the trading session in which it would consider requests for cancellation of deals.

In correspondence to stockbroking firms, ZSE chief executive officer Alban Chirume said it would not be possible to cancel deals except in very exceptional circumstances.

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