Equity Stock Brokers Ltd.

Equity stock brokers (U) Ltd is one of the pioneer brokerage firms in Uganda, licensed by The Capital Markets Authority (CMA) as a broker/dealer and investment adviser and is a member of the Uganda Securities Exchange (USE).

Equity Stock Brokers (U) is a subsidiary of Orient Bank Ltd – a well placed commercial bank with 14 branches in Uganda

How does a client buy shares?
Contact a Broker/Dealer company e.g. Equity Stock Brokers (U) Ltd who advises on SCD opening, purchase, order and payment.

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How does a client sell shares?

• Contact a Broker/Dealer company e.g. Equity Stock Brokers (U) Ltd
• Place the sale order, indicating your SCD account number
• The rest is done by the broker by selling your shares at the Uganda Securities Exchange and thereafter advises you as to your settlement in accordance with the USE rules and regulations

Information you should know

What is a share?

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• It is a unit of ownership of a company.

Who Issues Securities?

• Companies, Government, Local Authorities.

What is public Floatation?

• This is when a company goes public by issuing its shares to the general public through the Securities Exchange.

What are dividends?

• These are payments made by the company to its shareholders form its profits.

What is a Stock or Securities Exchange?

• It is a market where shares and other financial commodities are traded.

What is an SCD Account?

• SCD is Securities Central Depository.  This is a bank or depository for shares. Previously shares were put on a share certificate.

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For more information Contact Equity Stock Brokers Ltd.

P. O. Box 7539 Kampala
Telephone: 0417-719100/2, 0414 - 662 526
Email: equity@orient-bank.com