• Latest
  • All
  • How To

CfC Stanbic Financial Services Launches Kenya’s First Real-time Online Share Trading Platform

November 25, 2010
Microsoft AI for Good Lab tool GIRAFFE

How Microsoft’s AI for Good Lab Is Helping Save Giraffes from Extinction

June 20, 2025
itel City 100

Gen Z Get a New Budget AI Smartphone With the itel City 100

June 20, 2025
digital-tv-standards-kenya

Kenya Sets New Rules for Digital TVs Starting Next Month

June 19, 2025
Kenya's Government Censors X for Global Image

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

June 19, 2025
DHgate Tablet Cases deals
drones-healthcare-delivery

Rural Kenya Is Turning to Drones to Speed Up Healthcare Delivery

June 18, 2025
TikTok

TikTok Could Go Dark (Again) in the U.S. This Week

June 17, 2025
whatsapp meta ads

Meta Officially Brings Ads to WhatsApp

June 17, 2025
Infinix Smart 10 HD

Infinix Launches the Smart 10 Series Lineup

June 16, 2025
Infinix Hot 60 Pro+

Infinix Wants to Fit a 5,160 mAh Battery in the Slim Hot 60 Pro+ Frame

June 16, 2025
Aigov

U.S. Plans to Launch AI Hub for Government Agencies

June 16, 2025
multichoice-dstv-showmax

Multichoice Subscriber Numbers Drop by 15% As Kenyans Cut Back on Spending

June 16, 2025
Huawei-Watch

Huawei Surpasses Apple to Lead Global Wearables Market

June 12, 2025
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
No Result
View All Result

CfC Stanbic Financial Services Launches Kenya’s First Real-time Online Share Trading Platform

Martin Gicheru by Martin Gicheru
November 25, 2010
in News
Reading Time: 3 mins read
253
1

CfC Stanbic Financial Services has launched the Kenyan capital market’s first real-time online share trading platform in a move expected to raise the local and global profile of shares trading at the Nairobi Stock Exchange (NSE).

Local and foreign investors will now be able to buy and sell shares online through CfC Stanbic Financial Services secure Online Share Trading’s (OST) that provides a convenient and secure trading solution for investors.
CfC Stanbic Financial Service’s online trading platform was officially launched by the Permanent Secretary in the Ministry of Information and Communication Dr. Bitange Ndemo at a Nairobi Hotel.

Speaking at the unveiling ceremony Dr. Ndemo lauded the move by CfC Stanbic Financial Service adding that the launch of Online Share Trading system had taken Kenya’s equity market to the next level.

He said: “It’s encouraging to learn that Kenya is only country, in sub-Saharan Africa to provide online trading platform. As a government we laud such high level of innovations in the financial sector and we believe that the launch of CfC Stanbic Online Share Trading platform bring our financial market to the international standards,” Dr. Ndemo said.

He said the Government had provided adequate regulatory and infrastructural platform to support e-trading.

“We have the capacity to support online trading. In fact we had fears of overcapacity when we commission the fibre optic cable project and we were concerned that we might not get enough users,” Dr. Ndemo said.

CfC Stanbic Financial Services Managing Director Nkoregamba Mwebesa said the launch of the OST platform marks another milestone in the increasing convergence of technology and the financial services sector.

“Our new online trading platform now makes it easier and more convenient for our customers to stay in touch with stock market movements and to manage their share portfolios. Our customers are now able to trade in NSE shares from the comfort of their own homes or offices,” said Mr. Mwebesa.

CfC Stanbic Financial Service’s OST comes at a time when the global race for viable investment opportunities shines a sharper focus on Kenya’s frontier markets.
The OST now provides Kenyans working and living in the diaspora with a reliable and secure avenue for participating in share trading at the NSE in a development that is expected to push the level of transactions at the bourse.

“With the growing importance of the diaspora to Kenya’s economy and capital markets the OST now affords Kenyans abroad a chance to directly play a part in nation building through meaningful investment,” says Mr. Mwebesa.
Investors will be able to securely place their orders, modify and cancel orders, view order histories, and order status in a real time environment.

The system is set up on a highly secure and encrypted platform to protect investor information and transactions.

With the OST platform, CfC Stanbic Financial Services customers can make transactions, check their current stock holding and cash balances, obtain the latest stock market quotes, and view the latest market news and historical data.

Clients will also have real time access to various reports including portfolio valuations, transaction statements, margin reports, contract notes, and stock holding reports.

“This is an important new service for our customers. Millions of shares are traded daily on the Nairobi Stock Exchange and there is intense interest in equity investments in Kenya.” Mr. Mwebesa said.

CfC Stanbic Financial Services online trading portal can be accessed through the website.

The Company

CfC Stanbic Financial Services Limited (“CSFS”) is a wholly owned subsidiary of CFC Stanbic Holdings Ltd, listed on the Nairobi Stock Exchange (”NSE”). CSFS commenced operations in March 2000 as a licensed investment advisor and dealer/market maker at the Nairobi Stock Exchange, Kenya.

In 2001, CSFS acquired Equity Stock Brokers Limited, one of the oldest stock broking firms in Kenya. This marked CSFS entry into agency trading. In 2002, CSFS became the first Investment Bank licensed by the Capital Markets Authority of Kenya. In 2008, CSFS’s parent company (CfC Bank Ltd) merged with Stanbic Bank Kenya Ltd (a member of Standard Bank Group) and today is one of the largest stock broking firms in the country with an unmatched reach into interior urban centers. Our vision is to be the leading stockbroker in East Africa.

SendShare146Tweet92
Martin Gicheru

Martin Gicheru

Martin is the Managing Editor at Techweez, passionate about personal tech and telling stories of consumer experiences. Talk to me: [email protected]

Related Posts

Microsoft AI for Good Lab tool GIRAFFE

How Microsoft’s AI for Good Lab Is Helping Save Giraffes from Extinction

June 20, 2025
itel City 100

Gen Z Get a New Budget AI Smartphone With the itel City 100

June 20, 2025
digital-tv-standards-kenya

Kenya Sets New Rules for Digital TVs Starting Next Month

June 19, 2025
Kenya's Government Censors X for Global Image

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

June 19, 2025
drones-healthcare-delivery

Rural Kenya Is Turning to Drones to Speed Up Healthcare Delivery

June 18, 2025
TikTok

TikTok Could Go Dark (Again) in the U.S. This Week

June 17, 2025

Latest

Microsoft AI for Good Lab tool GIRAFFE

How Microsoft’s AI for Good Lab Is Helping Save Giraffes from Extinction

June 20, 2025
itel City 100

Gen Z Get a New Budget AI Smartphone With the itel City 100

June 20, 2025
digital-tv-standards-kenya

Kenya Sets New Rules for Digital TVs Starting Next Month

June 19, 2025
Kenya's Government Censors X for Global Image

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

June 19, 2025
drones-healthcare-delivery

Rural Kenya Is Turning to Drones to Speed Up Healthcare Delivery

June 18, 2025
TikTok

TikTok Could Go Dark (Again) in the U.S. This Week

June 17, 2025

Best devices

budget smartwatches 2025

Best Budget Smartwatches To Buy in Kenya 2025

February 13, 2025

Best Infinix Smartphones To Buy in Kenya 2024

February 13, 2025

Best Laptops for Battery Life in 2024

August 21, 2024

Best “Battery Warrior” Smartphones To Buy in 2024

August 22, 2024

How Microsoft’s AI for Good Lab Is Helping Save Giraffes from Extinction

June 20, 2025

Gen Z Get a New Budget AI Smartphone With the itel City 100

June 20, 2025

Techweez is a fast growing influential source of technology news, reviews and analysis by leading tech geeks in the industry.

Follow Us

Editorials

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

Actors and Film Crews Are Worried About Veo 3 Taking Their Jobs

Samsung QLED TVs Now Officially Certified for Real Quantum Dot Technology

Trump’s Tariffs Will Be the End of Affordable Tech

5 Ways to Prep Your Tech for Resale

The Weaponization of PDFs: How Cybercriminals Are Exploiting a Trusted Format

More News

Meta Officially Brings Ads to WhatsApp

Infinix Launches the Smart 10 Series Lineup

Infinix Wants to Fit a 5,160 mAh Battery in the Slim Hot 60 Pro+ Frame

U.S. Plans to Launch AI Hub for Government Agencies

Multichoice Subscriber Numbers Drop by 15% As Kenyans Cut Back on Spending

Huawei Surpasses Apple to Lead Global Wearables Market

  • Terms Of Use
  • Techweez Brand
  • Privacy & Policy
  • Contact Us

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!

Hey there! Just a heads-up: we're big fans of cookies - both the digital and edible kind! 🍪 We use our cookies and some from third parties to ensure your browsing experience on our site is smooth sailing and secure.

 

But wait, there's more! We also use cookies to gather stats and insights on how you navigate our site. It's like getting a behind-the-scenes peek at your digital adventures!

 

Don't worry, you're in control. You can adjust your cookie settings anytime to suit your preferences. Feeling curious? Dive into our Privacy Policy for all the juicy details. Happy browsing! 🚀

Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
No Result
View All Result
  • News
  • Reviews
  • Features
  • Editorial
  • Automotive
  • Entertainment

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.