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Kenya’s CDSC to launch short selling, day trading
Rank: Chief Joined: 5/31/2011 Posts: 5,121
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maka wrote:kyt wrote:the deal wrote:They should just reduce the commissions and settlement period...turnover will rise...they will make more money...instead of introducing weapons of mass destruction. well said deal, we dont need short, long or any kind of selling. nse is a very young market for such < 100 companies. just make commissions 1% and settlement period 1 day and see what happens. ...for starters. If am not wrong it will be the exchange with the least no. of listed co.s where short selling can be undertaken... ... its okay .... we short the counters that are clearly overvalued and go long on those that are clearly undervalued. .... Yea, Bulls will make money, bear will but pigs wont!!! ... Choice is yours!!!
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Rank: Member Joined: 8/16/2012 Posts: 661
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mwekez@ji wrote:maka wrote:kyt wrote:the deal wrote:They should just reduce the commissions and settlement period...turnover will rise...they will make more money...instead of introducing weapons of mass destruction. well said deal, we dont need short, long or any kind of selling. nse is a very young market for such < 100 companies. just make commissions 1% and settlement period 1 day and see what happens. ...for starters. If am not wrong it will be the exchange with the least no. of listed co.s where short selling can be undertaken... ... its okay .... we short the counters that are clearly overvalued and go long on those that are clearly undervalued. .... Yea, Bulls will make money, bear will but pigs wont!!! ... Choice is yours!!! In this case.. too many pigs. The result may 'drown' both bears & bulls Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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si wote well drown museveni. I dont like the feel of this; day trading maybe, ......just maybe. short selling; HELL NO!!!!!! LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Jubilee makes changes in CMA law as pledged « Capital Business http://www.capitalfm.co....s-in-cma-law-as-pledged/
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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maka wrote:Museveni wrote:maka wrote:kyt wrote:the deal wrote:They should just reduce the commissions and settlement period...turnover will rise...they will make more money...instead of introducing weapons of mass destruction. well said deal, we dont need short, long or any kind of selling. nse is a very young market for such < 100 companies. just make commissions 1% and settlement period 1 day and see what happens. ...for starters. If am not wrong it will be the exchange with the least no. of listed co.s where short selling can be undertaken... Why is no one talking about rogue brokers ? #TheInvincibleElephant in this discussion.. coz they will always be there protected by some big guns and they are bound to make a killing out of this new initiatives more new shiny top of the range cars for them... A combo of this and online trading platforms and we are good  No more kubembeleza brokers... mine treats me as if I'm disturbing them, when I know my commissions pays their salary!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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We are moving towards the right direction. #NextLevel GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:We are moving towards the right direction. #NextLevel "We want our market to shine & be the leader in the EAC & the continent at large." - Rose Mambo. 
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Mukiri wrote:maka wrote:Museveni wrote:maka wrote:kyt wrote:the deal wrote:They should just reduce the commissions and settlement period...turnover will rise...they will make more money...instead of introducing weapons of mass destruction. well said deal, we dont need short, long or any kind of selling. nse is a very young market for such < 100 companies. just make commissions 1% and settlement period 1 day and see what happens. ...for starters. If am not wrong it will be the exchange with the least no. of listed co.s where short selling can be undertaken... Why is no one talking about rogue brokers ? #TheInvincibleElephant in this discussion.. coz they will always be there protected by some big guns and they are bound to make a killing out of this new initiatives more new shiny top of the range cars for them... A combo of this and online trading platforms and we are good  No more kubembeleza brokers... mine treats me as if I'm disturbing them, when I know my commissions pays their salary! possunt quia posse videntur
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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I think day trading will be introduced first and short selling at the appropriate time and now is not the appropriate time for shorting on the NSE! But I do like the direction we are moving in!  Mark 12:29 Deuteronomy 4:16
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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kyt wrote:the deal wrote:They should just reduce the commissions and settlement period...turnover will rise...they will make more money...instead of introducing weapons of mass destruction. well said deal, we dont need short, long or any kind of selling. nse is a very young market for such < 100 companies. just make commissions 1% and settlement period 1 day and see what happens. ...for starters. In agreement, we've been crawling, now lets walk first before running. I've seen "Kenyans" who think they are good for this get burnt when venturing to the developed markets through firms like Franklin Templeton. After reading a few books and articles, they rushed not remembering that some of these trades requires one with a good/wholesome system that not only sniffs for information but does data scrapping and is extremely fast in terms of connectivity for efficient and effective execution of trades. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Member Joined: 8/16/2012 Posts: 661
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Cde Monomotapa wrote:youcan'tstopusnow wrote:We are moving towards the right direction. #NextLevel "We want our market to shine & be the leader in the EAC & the continent at large." - Rose Mambo.  Anyone has more on what extra measures in place? Quote:The CMA Act amendments have also put in measures to prosecute market manipulation offenders. Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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NSE investors to get window for loaning out shares http://www.businessdaily...6/-/yk5a2az/-/index.htmlHistory will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Very nice to see day trading coming to NSE.
But margin trading as well as derivates are not wanjikus child play. Who will educate wanjikus?
Finally those stocks that pretend to rally on fumes will be put in their place prompty. I can hardly wait for this to create extreme bull and bear sentiment cocktail. Selling bull extremes and buying bear extremes for quick gains. Cartoons will become more popular.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 11/1/2013 Posts: 257
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Finally what i have been waiting for,i have read in some countries of people quiting their jobs for day trading.we are in the right direction and catching up with other regional markets like the JSE in SA which is uncomparable to the NSE in terms of products.Big up CDSC No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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Rank: New-farer Joined: 3/29/2012 Posts: 12
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Magnate wrote:Finally what i have been waiting for,i have read in some countries of people quiting their jobs for day trading.we are in the right direction and catching up with other regional markets like the JSE in SA which is uncomparable to the NSE in terms of products.Big up CDSC had i mentioned to you i was thinkin i should quit if tis introduced? this would like a marketing job, one month u hav a big client in ur pocket n sm other none...
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Kenya’s CDSC to launch short selling, day trading
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