@kizee - Give up...

What the NSE needs is COMPETITION but many folks dont get it...

Or are mere pawns or posing here but are brokers or NSE or CMA pigeons...

NYSE was kicked in the 'nads by NASDAQ especially when firms like Microsoft & Intel grew huge while listed on NASDAQ...

The lower trading costs & electronic platform made NASDAQ huge... It was a virtuous cycle... lower costs = more trades = lower costs...

@VVS - Dissociate me with tight liquidity sentiments, those didn't originate from me. VVS and Kizee your arguments are very convoluted. On one side, you argue for lower commissions and increased liquidity and then on the other you tell us to go to OTC to achieve the same, isn't this one large oxymoron??.....Public markets exist to achieve all these things you are clamouring for. I illustrated the warped forex market we have and what you get by going private. What you should be arguing for is lower commissions or a sliding scale commission structure and competition for brokers (this excludes banks playing the broker role unless they own one, for governance and competition reasons). Don't name drop NASDAQ, we all know the trading history of NASDAQ and M/Soft, ask yourself why M/soft eventually moved to the main market.

@Kizee - the reality of the kenyan capital markets is that its the tail that wags the dog and not the other way round. The bill being with Uhuru is no guarantee of ammendments. Watch the ongoing circus on capitalization of brokers and watch them putting nothing until they sell the NSE - it's called real politik! not those section 31 ammendments you keep refrencing! for the record I am not a broker but been in this game for sometime.

OK guys....when is this giant reporting????i am anxious......