stocksmaster wrote:Sober wrote:After buying what used to the Francis thuo seat at the bourse, 'Member' is now a broker at the NSE.
I am trying to imagine how different they will operate as compared to the other stocks brokers. Any ideas?
What if they leverage on the over 18,000 equity agents spread all over Kenya and develop a system of buying and selling securities via agents?
Happy Hunting.
What Equity will gain most is in lack of settlement days since they are the ones who execute the trades hence in control of amounts to be credited or debited. hey! they could even charge a fee similar to what used to exist on NSE prompt board i.e same day settlement!!!
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 684,200 ABP 6.72; MTN 23,800 ABP 5.20