Explained

What account holds your NSE shares electronically?

What exactly is a CDS account?

CDS = Central Depository System Purpose = electronic securities holding Used for = ownership records and settlement

The 30-second answer

A CDS account is the electronic account used to hold securities and maintain ownership records in Kenya’s capital markets.

Why it matters

  • It records your securities electronically.
  • It supports settlement when shares are bought or sold.
  • It connects investors to the depository infrastructure behind the market.

Sources

CDSC Account Opening ↗