Day trading allows investors to make quick trades in which all positions taken are usually closed by the end of the trading session and with the bourse already automated, it could see increased turnover of securities, which could earn CDSC and brokers more
revenue.


Short selling allows an investor to borrow another’s shares, sell them if they think the price will drop, buy them back at the lower price and return the shares to the lender, keeping the difference.


Investors who like to take risks also bet on expected share price increases by borrowing money, buying shares and selling them at a higher price that covers their costs, paying off the debt and keeping the difference.


The two strategies increase the returns of the investor but are also risky, and losses are magnified in equal measure.


The introduction of day trading, settlement services for government securities and securities lending and borrowing will require the collaboration of other government agencies, including the Central Bank of Kenya, and the implementation of new laws and
changes to existing ones.


“The positive is that there is improved liquidity, more buying and selling but there are also risks in short selling and it needs to be done in a strict risk management environment,” said Paul Mwai, chief executive officer, AIB Capital.

This will mark the return of the prompt board,only that this time,it will be T+0
As for Short selling,i fear for a crash in the short run but the discounts will be beautiful. Certainly a win for traders!