LAHORE (PR): InfoTech Group has recently signed an agreement with Zimbabwe Stock Exchange for a turnkey deployment of Automated Trading System that will ultimately improve the efficiency of Zimbabwe Stock Exchange during trading operations. This historic agreement with InfoTech was signed by Mr. Alban Chirume, CEO of ZSE and Mr. Naseer A Akhtar CEO & Chairman of InfoTech Group, assisted by Murad Baig, VP Business Development at IFTL-London.

InfoTech was selected after an intensive vendor selection process and found to be the best suited for ZSE trading activities in order to match international best practices and standards of operation in terms of efficiency, transparency, fairness and cost effectiveness, to ensure real-time transmission of market information and statistics to market players.

This project is expected to start soon and will be completed within 6 months. This will replace the current manual trading system, where ZSE currently carries out a large number of tasks manually using excel and other basic packages. The new generation Automated Trading System (ATS) will eliminate the manual processing and distribution of data at ZSE.