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Fee windfall for stockbrokers, NSE as bond deals hit Sh1.4trn
Stockbrokers normally earn a commission of between 1.5 and 1.8 percent per equities trade, while bond trades attract a commission of 0.03 percent per trade.
Stockbrokers and the Nairobi Securities Exchange (NSE) are set for a windfall in commissions after the value of bonds traded on the bourse jumped to Sh1.39 trillion in the first half of the year compared to Sh781.8 billion in a similar period in 2024.
The higher traded volumes in the period have also meant that the NSE is on course to beat the full year 2024 turnover of Sh1.54 trillion, which was a record for the segment.
