Algorithmic market-making on the Dar es Salaam Stock Exchange.
Continuous, algorithmic liquidity across the asset classes the DSE supports. Active in equity counters today as a CMSA-regulated, DSE-authorised member, with scope to extend into bonds and other listed products as the venue itself does.
CMSA Regulated Institution · DSE Authorised Member
A market growing into itself.
Transaction volume on the DSE has grown roughly 130% since 2019. New issuances, more retail participation, deeper institutional engagement: the signals of a market that has the demand for proper infrastructure.
What it hasn’t had is a dedicated algorithmic market maker. Wide spreads function as a tax on every trade. Investors who want to buy overpay; investors who want to sell underprice. Institutional participants avoid thin counters entirely, which feeds the problem. Illiquidity reinforces itself.
Shabba’s role on the DSE is straightforward: provide continuous, two-sided quotes that compress spreads, deepen books, and make price discovery something traders can rely on. The technology and the regulatory standing are in place to do that seriously.
The work of a real market maker.
Continuous two-sided quotes
Algorithmic liquidity provision across active DSE counters. Tighter spreads, deeper books, more reliable execution for institutional and retail flow alike.
CMSA-regulated, DSE-authorised
Operating inside the framework set by the Capital Markets and Securities Authority, as an authorised member of the Dar es Salaam Stock Exchange.
Institutional risk controls
Built-in from day one: pre-trade checks, position limits, inventory management, automated kill-switches. Designed for durability, not just performance.
Inventory optimization
Machine-learning driven inventory adjustment. The book adapts to flow, regime, and counterparty composition in real time rather than on a fixed schedule.
Approximate growth in transaction volume since 2019
Capital Markets and Securities Authority of Tanzania
Authorised member of the Dar es Salaam Stock Exchange