Wednesday, June 02, 2010

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:
  1. 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.
  2. 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:

Codenaire said...

I see something similar happening here http://live.mystocks.co.ke/portfolio/
with cds account data available in realtime

MainaT said...

Mystocks is unlikely to capture that market unless it can get some critical mass ala rich.co.ke

Unknown said...



Thanks for the information. Hope devotes will be careful after reading this post.Regards


Nifty Trading

Unknown said...

I cannot remember my CDSC account number, how do I trace it for trading

Unknown said...

I cannot remember my CDSC account number, how do I trace it for trading

Unknown said...

I don't have safaricom number but I have safaricom shares, how do I track

Capital Experts said...

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.



Unknown said...

my account is dormant. how can i revive it?
can i get a form online

Unknown said...

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

Unknown said...

I forgot my CDE account and would require one to continue trading with my safaricom shares. please help

JULIUS KOBIA MWENDA said...

Forgot my CDE account

JULIUS KOBIA MWENDA said...

I forgot my CDE account number.how can I be assisted.

Unknown said...

I don't know my CDSA account, how can get it.

Unknown said...

How can I get my CDSA account?

Unknown said...

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.

oorocharles said...

Dear Sir /Madam,
Kindly advise if my CDSC account number 20915404 is already Activated.

Unknown said...

I can't remember my Cdsc ACC no

Unknown said...

I can't remember my cdsc number how can I get it thanks

Unknown said...

Remind me my CDs account.

Unknown said...

Can't remember my cdsc account

Unknown said...

Does it mean my account is dormant

Unknown said...

How can I activate my account

Unknown said...

How can I activate my account

Unknown said...

i cant remember my CDS Account.what the process to know my account..

Unknown said...

I can't remember my CDs account,how do I..?

Unknown said...

I can activate my account

Unknown said...

I want to know the number of my shares so far. I know my cds account.

Unknown said...

We bought shares as a group and we dont even know our cds accaunt, how can we get our cds account?

Unknown said...

I lost my cds account nomber how can I get it? My ID nomber is 22175206

Unknown said...

Kindly remind me my cdsc account

Thomas said...

I forgot my cdsc account please help me retrieve it

Thomas said...

I forgot my cdsc account please help me retrieve it

Thomas said...

I forgot my cdsc account please help me retrieve it

Unknown said...

I misplaced my cdsc account how can I retrieve it.