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Explain the Parties Involved In Central Depository System.

      

Explain the Parties Involved In Central Depository System.

  

Answers


Kavungya
1. Government
For the purpose of attracting foreign investors and supporting the infrastructure of capital markets.
2. Capital Market Authority
To improve the transparency of market and reduce instances of fraud.
3.Nairobi Stock Exchange
Bear transactions costs and improve liquidity of the market investors.
4. Investors
Institutions, private investors and market professionals. For faster settlements and ownership transfer and reduced cost of transfer through reduced paper work and labour intensive activities.
5. Brokers
Reduces paper work, forgery and improved efficiency
6. Banks
Ease of clearing and settling of payments.
Kavungya answered the question on March 12, 2019 at 06:00


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