Finally the
CMA is damning the high brokerage fees that allow lousy brokers to survive!
Some broker give inane reasons... that the broker fees help 'grow the market'... more like grow their profits for lousy inefficient service!
Itslong overdue for Kenyan brokers to embrace flat fees. Its long overdue for Kenya to have a 2nd stock exchange modeled on the all-electronic NASDAQ.
The NSE charges horrendous fees for having firms listed! You should eliminate the fees so more firms list! Brokers - who own the NSE - should make money off trades not listing fees!
