By Roxane Okeke
The Nairobi Securities Exchange Plc (NSE) announced the admission of Cinemark Consult Limited as an Authorized Securities Dealer (ASD) in Kenya’s fixed-income market.
Figures from the Capital Markets Authority(CMA) show there are five licensed ASDs in Kenya to operate at the Nairobi Securities Exchange.
They include AKN Investment Limited, Kingdom Securities Limited, Private Wealth Capital Limited, SBM Bank(Kenya) Limited and Standard Chartered Bank Kenya (SCBK) Limited.
Following the admission by NSE, Cinemark will be involved in the expansion of investor access to fixed-income securities and strengthening market liquidity, as the Nairobi-based bourse aims to extensively modernize the bond market.
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NSE Chief Executive Officer Frank Mwiti said the decision mirrors the advances NSE has made to deepen the bond market.
“The admission of Cinemark Consult Limited as an ASD represents an important milestone in advancing the depth and effectiveness of the NSE’s bond market. Their entry supports the development of a more robust fixed income environment while underscoring the NSE’s ongoing dedication to building a dynamic, investor-oriented bond market,” said Mwiti.
Cinema Consult Limited’s CEO, Benard Gichuru, on the other hand, said the company will be “looking forward to working closely with the NSE, market participants, and investors to deliver efficient execution and broader access to fixed income investment opportunities.”
The admission aligns with the NSE’s hybrid bonds market framework approved by the Capital Markets Authority, which aims to broaden participation in bond trading to all licensed financial services providers that meet the exchange’s criteria.
The development comes against the backdrop of strong performance in the bond segment.
Data shows that for the period ended December 2025, turnover in the NSE bond market surged by 75.5 percent to Ksh. 2.7 trillion, up from Ksh. 1.5 trillion recorded over a similar period in 2024.
The exchange attributed the growth to comprehensive market reforms that have enhanced operational efficiency and boosted investor confidence.
