You can now track your shares at CDSKenya website
This a significant step forward in helping the NSE regain some of the momentum from 204-6 period. The automation of share trading at a was huge step in increasing share trading and share ownership. The subsequent collapse of FT, Nyaga and lately Ngenye Kariuki accounts for at least 30% of the NSE losses suffered in 2007-9 period. The wisdom of increasing CDSKenya's visibility was an obvious step in trying to restore investors confidence that they would not lose their hard earned wealth. CDS Kenya under Rose Mambo's able leadership has been innovative allowing investors to register so they can get an sms when an order is transacted on their CDS account and also emailing monthly statements to investors so they can monitor their CDS accounts.The online service allows you to view your account via http://www.cdsckenya.com/ and all you have to do is remember your CDS account number and the ID number or passport number you used to open your account.
Two things to note:
- You will not be able to see any of the cash you may foolishly have left lying in your CDS account. Note further that if you broker was to collapse, only your shares are 100% guaranteed. Any cash will be subject to Ksh50,000 maximum payout.
- NSE operates a t+5 days settlement system. Which in plain English means that you won't be able to see any sale/purchases made over the last 5 business days in you CDS account. This is a bit of a loophole that I am sure brokers and can exploit.
34 comments:
I see something similar happening here http://live.mystocks.co.ke/portfolio/
with cds account data available in realtime
Mystocks is unlikely to capture that market unless it can get some critical mass ala rich.co.ke
Thanks for the information. Hope devotes will be careful after reading this post.Regards
Nifty Trading
I cannot remember my CDSC account number, how do I trace it for trading
I cannot remember my CDSC account number, how do I trace it for trading
I don't have safaricom number but I have safaricom shares, how do I track
Many investors forget about the purchase share , which they can not redeem, it is not that they are forgetful, sometimes because of losing records, they can not retrieve their lost share.
Capital Expert helps you to Retrieve Lost Shares, our Experts will help you with your full help.
my account is dormant. how can i revive it?
can i get a form online
Its quite long without getting my divideds. I have my safcom line,but I forgot my account.how can I be assisted to get my account. Thank you
I forgot my CDE account and would require one to continue trading with my safaricom shares. please help
Forgot my CDE account
I forgot my CDE account number.how can I be assisted.
I don't know my CDSA account, how can get it.
How can I get my CDSA account?
What if am beneficiary of safaricom share n I can't locate the CDS account Number n the broker but we bought the shares thru family bank.
Dear Sir /Madam,
Kindly advise if my CDSC account number 20915404 is already Activated.
I can't remember my Cdsc ACC no
I can't remember my cdsc number how can I get it thanks
Remind me my CDs account.
Can't remember my cdsc account
Does it mean my account is dormant
How can I activate my account
How can I activate my account
i cant remember my CDS Account.what the process to know my account..
I can't remember my CDs account,how do I..?
I can activate my account
I want to know the number of my shares so far. I know my cds account.
We bought shares as a group and we dont even know our cds accaunt, how can we get our cds account?
I lost my cds account nomber how can I get it? My ID nomber is 22175206
Kindly remind me my cdsc account
I forgot my cdsc account please help me retrieve it
I forgot my cdsc account please help me retrieve it
I forgot my cdsc account please help me retrieve it
I misplaced my cdsc account how can I retrieve it.
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