A dealer is a person or firm in the business of buying and selling securities for their own account, whether through a broker or otherwise. A dealer is defined by the fact that it acts as principal in trading for its own account, as opposed to a broker who acts as an agent in executing orders on behalf of its clients.

A dealer is also distinct from a trader in that buying and selling securities is part of its regular business, while a trader buys and sells securities for his or her own account but not on a business basis (Investopedia).

Kenya has only one licensed securities dealer as at June 2018 whose details are as follows:

 Chase Bank Limited

Delta Towers

Waiyaki Way

P.O. Box 28987-00200, Nairobi

Tel: 254 20 2774000/4454803/4/6/8

Fax: 254 20 4454816

Email: info@chasebank.co.ke

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