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Equity as a Stock broker

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Sober		#1 Posted : Wednesday, August 28, 2013 9:45:55 PM
Rank: Elder Joined: 11/27/2007 Posts: 3,604		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? African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Lolest!		#2 Posted : Wednesday, August 28, 2013 10:16:25 PM
Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma		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? Help me get it. I have been buying shares through them. How have they been doing it? I love the fact that I could buy and sell from any equity branch
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stocksmaster		#3 Posted : Wednesday, August 28, 2013 10:50:26 PM
Rank: Member Joined: 9/26/2006 Posts: 463 Location: CENTRAL PROVINCE		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. x handle: @stocksmaster79
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obiero		#4 Posted : Wednesday, August 28, 2013 11:26:28 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,249 Location: nairobi		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!!!
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speculator		#5 Posted : Thursday, August 29, 2013 7:35:25 AM
Rank: New-farer Joined: 12/1/2009 Posts: 75 Location: nairobi		i hope they start an online trading system. i will never step in the banking hall. sell and buy shares online. either use Eazzy banking to withdraw to my mpesa or use Atm.
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hisah		#6 Posted : Thursday, August 29, 2013 7:46:29 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		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. That would be a brilliant move. Coop too could leverage the same for its brokerage. This would rope in many wanjikus for them. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Sober		#7 Posted : Thursday, August 29, 2013 8:47:49 AM
Rank: Elder Joined: 11/27/2007 Posts: 3,604		obiero wrote: 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!!! That settlement range will bring a very big difference I agree. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Sober		#8 Posted : Thursday, August 29, 2013 8:49:49 AM
Rank: Elder Joined: 11/27/2007 Posts: 3,604		speculator wrote: i hope they start an online trading system. i will never step in the banking hall. sell and buy shares online. either use Eazzy banking to withdraw to my mpesa or use Atm. I am seeing them use their wide network of branches to rather than go the electronic way as the IT direction has got it's limitations that i am not seeing Member hack. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Murenju		#9 Posted : Thursday, August 29, 2013 11:29:19 AM
Rank: Member Joined: 7/13/2006 Posts: 94 Location: Nairobi		How many other banks apart from NIC, Equity and Kingdom have a seat at NSE? Would you prefer the others as opposed to equity? Knock hard and it will be opened. Ask and you will be answered. Seek and you shall find.
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