Ipahco
A coffee broker represents growers and cooperative societies at the weekly auction, catalogues their lots and sells them to licensed dealers.
It sits under the CMA because the Nairobi Coffee Exchange is a regulated market — not because coffee is a security you can hold.
Relevant if you grow coffee or belong to a cooperative that does — a grower appoints a broker, and the broker catalogues and sells the lot at auction.
Not a route for a private investor. There is no instrument here to buy and hold: you cannot take a position in Kenyan coffee through this licence, and anything offering you one should be checked against the register first.
Nothing for an investor. The money in this category belongs to the grower, and the broker's commission comes out of the auction proceeds.
It is on this register because the Nairobi Coffee Exchange is a regulated market that needed a supervisor, not because coffee was ever meant to be a retail asset class here.
The full list is on the regulator's own page, which is where it stays current.
See the live list at the CMAHow a share order actually reaches the NSE. You need one to buy anything listed.
A broker licence plus the corporate side — listings, rights issues, advisory.
Where bonds are actually traded — largely over the counter, largely by banks.
The licence behind investing from your phone. Safaricom and Airtel Money hold it.
Futures on the NSE derivatives board. Leverage, and losses that are not capped at your deposit.
A forex broker that takes the other side of your trade itself.
A forex broker that passes your order out to the market instead of taking it on.