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Online Share Trading in Kenya
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jjkam12
#1 Posted : Saturday, September 05, 2015 6:35:11 AM
Rank: Hello


Joined: 9/5/2015
Posts: 1
Location: Nairobi
Curious about the above...does anyone have an idea of what the penetration level is in our market as far as online and mobile trading goes? What brokers/investment banks are doing this and how well is it being received by the market? What do the charges and commissions look like...?
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Pesa Nane
#2 Posted : Saturday, September 05, 2015 10:34:03 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
jjkam12 wrote:
Curious about the above curiosity killed the cat!...does anyone have an idea of what the penetration level is in our market as far as online and mobile trading goes? My guess would be low for overall cds accounts numbers; BUT high in terms of transaction valueWhat brokers/investment banks are doing this and how well is it being received by the market? All brokers have a portal. Efficiency, downtimes, capacity is what separates themWhat do the charges and commissions look like...?No additional charges for online transactions

Pesa Nane plans to be shilingi when he grows up.
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its2013
#3 Posted : Tuesday, September 15, 2015 1:46:11 PM
Rank: Member


Joined: 1/4/2013
Posts: 255
jjkam12 wrote:
Curious about the above...does anyone have an idea of what the penetration level is in our market as far as online and mobile trading goes? What brokers/investment banks are doing this and how well is it being received by the market? What do the charges and commissions look like...?


First let me welcome you to Wazua smile

Typically there are no additional charges. For every buy/sell transaction the standard charges are the stockbroker fee of 2.1% of the value and a transaction levy of 0.12% of the value.

Pretty hurts
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Museveni
#4 Posted : Tuesday, September 15, 2015 3:57:32 PM
Rank: Member


Joined: 8/16/2012
Posts: 660
SEE http://wazua.co.ke/forum.aspx?g=posts&m=579430#post579430

Pesa Nane wrote:
jjkam12 wrote:
Curious about the above curiosity killed the cat!...does anyone have an idea of what the penetration level is in our market as far as online and mobile trading goes? My guess would be low for overall cds accounts numbers; BUT high in terms of transaction valueWhat brokers/investment banks are doing this and how well is it being received by the market? All brokers have a portal. Efficiency, downtimes, capacity is what separates themWhat do the charges and commissions look like...?No additional charges for online transactions


Live and learn; and don’t forget, nothing ventured, nothing gained.
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