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CFC lays off workers,closes branches due to 75% slump in income.

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VituVingiSana		#11 Posted : Sunday, October 25, 2009 7:09:00 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		Oops... I meant only IBs with broker arms can get the terminals.. e.g. an IB without a broker license cant get a terminal... e.g. Equity IB (former Juanco) Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Mainat		#12 Posted : Sunday, October 25, 2009 8:28:00 PM
Rank: Veteran Joined: 11/21/2006 Posts: 1,590		VVS- dude,not sure how much u know about online trading but even in the more advanced stockmkts,online trading still involves a broker placing the deal for you in the system. Its not that every individual trader gets access to the trading system. Yes u get to see the real time trades on the system,but someone@the brokerage still places your order on the queue. D&B had started online trading but probably lacked the requisite security controls. www.mjengakenya.blogspot.com Sehemu ndio nyumba
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Kirethi		#13 Posted : Monday, October 26, 2009 10:10:00 AM
Rank: Member Joined: 10/6/2008 Posts: 21		The management should rethink their strategy and channel their energy towards looking for more business opportunities instead of laying off staff. Enhancing efficiency in their operations should also be emphasised. Watu wachangamuke
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drake		#14 Posted : Wednesday, October 28, 2009 9:56:00 AM
Rank: Member Joined: 8/8/2009 Posts: 170		scubidu,si e-mail iko kwa member profile? 1. Risk arises when you don't know what you're doing. 2. People diversify their portfolios to counter unsystematic risk. 3. People who diversify their portfolios don't know what they're doing.
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Ericks		#15 Posted : Wednesday, October 28, 2009 11:47:00 AM
Rank: Member Joined: 7/29/2008 Posts: 170		@ Mainat,..... i concur,i can only imagine what would happen if everyone is allowed access to the trading system,nightmares to expect the least. i think NSE should launch a system that can handle real time deal placements to allow investors take advantage of within the minute price changes.. Its just me whatever choice you make in life make sure that you can live with it.
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gift		#16 Posted : Wednesday, October 28, 2009 1:26:00 PM
Rank: Member Joined: 10/8/2009 Posts: 39		Its sad that they plan to lay off guys in December in their upcountry branches. There is reduced trade volume in NSE,therefore its hard for the bank to survive and support branches which do not bring any income. When was the last time u even thot of trading in the NSE...If u been trading b4,and now u dont trade,they hve no job. Truly Unique!
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VituVingiSana		#17 Posted : Thursday, October 29, 2009 3:39:00 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		@mainat - well,what would I know about online trading... nuff said... Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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