Secondary Markets
Part of the capital market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold to the public.
OVERVIEW
Security Exchanges such as the Nairobi Securities Exchange are secondary markets
The proceeds from secondary markets go the investors as opposed to corporations and governments in the primary markets .
VIEW VIDEO
MARKET PRICES
NAIROBI SECURITIES EXCHANGE
KENYAN SECONDARY MARKETS
The Capital Markets Authority regulates the NSE, fund managers, Central Depository Systems, custodians, investment banks, collective investment schemes, investment advisers, stock brokers, securities dealers, listed companies, credit rating agencies and venture capital Firms.
Although the NSE is a self regulating organization with regards to market listings, its operations are governed by the CMA Act.
There are two depository institutions in the Kenyan Capital Market: