Accounts & headline costs
Sections ↑Dyer & Blair is a Nairobi investment bank with equity, fixed-income, derivatives and wealth services. Its Kenyan brokerage business serves individual and institutional investors through online and assisted channels. The CMA lists the legal company in its investment-bank and derivatives-broker registers.[1][2][5][6][10]
Account and service routes at a glance
| Account / service | Customer and legal scope | Principal condition |
|---|---|---|
| Individual CDS brokerage account | Kenyan shares and supported fixed-income securities | A CDS account and identity/bank documentation are required.Source 2Source 8 |
| Corporate/institutional account | Companies, funds and other legal persons | Authority and beneficial-owner documents differ.Source 2 |
| Online trading account | Self-directed Dyer & Blair Edge/online route | Platform access does not alter CDS ownership or settlement.Source 1 |
| Derivatives service | Exchange-traded derivatives through the licensed broker | Product eligibility, collateral and contract terms apply.Source 2Source 6Source 10 |
| Wealth management | Bespoke investment relationship for high-net-worth clients | A separate advisory or managed-service mandate applies.Source 1 |
Pricing information to obtain for the selected service
| Service | Pricing basis to establish | Scope |
|---|---|---|
| Equity order | Current broker transaction quote | Ask for the commission and statutory/market charges separately, for both purchase and sale.Source 4 |
| Fixed income | Security-specific quote and charges | Identify the bond or Treasury bill, price, accrued interest and settlement date.Source 2 |
| Derivatives | Contract-specific trading and collateral terms | The derivatives licence does not establish a universal commission or margin rate.Source 2Source 6 |
| Transfers and account events | Applicable broker/CDSC service tariff | Confirm the fee for the particular transfer, pledge, certificate or account instruction.Source 9Source 4 |
Products & investment scope
Sections ↑The brokerage page covers listed equities, government and corporate debt, off-exchange transactions and exchange-traded derivatives. Wealth and corporate-finance services have separate mandates.[2][1]
Products and ownership boundaries
| Product route | Published scope | Boundary |
|---|---|---|
| Kenyan equities | NSE-listed shares | Liquidity and market rules apply.Source 2 |
| Fixed income | Government and corporate debt services | Quote, accrued interest and settlement differ from equities.Source 2 |
| OTC transactions | Off-exchange stocks and bonds arranged through a dealer network | Execution and liquidity depend on the instrument and counterparties.Source 2 |
| Derivatives | Licensed derivatives-dealer activity | Margin and expiry rules apply.Source 2Source 6Source 10 |
| Wealth and investment banking | Advisory, portfolio and corporate services | A separate mandate and pricing basis apply.Source 1 |
Fees & holding costs
Sections ↑Keep the broker’s commission separate from the security price and any market or account charges. A quoted percentage alone does not establish the amount of cash needed to complete and settle an order.[4]
Information that makes a cost quote usable
| Item | What the quote should identify |
|---|---|
| Brokerage | Product, order value, commission basis and any minimum charge.Source 4 |
| Market and statutory charges | Which additional charges are included in the quoted total.Source 4 |
| Bond price | Clean/dirty price treatment, accrued interest and settlement amount.Source 2 |
| Account instruction | The fee for a transfer, pledge, release or certificate process.Source 2Source 4 |
Platforms, orders & execution
Sections ↑Platform and order controls
| Route / control | Published capability | Operational limit |
|---|---|---|
| Dyer & Blair Edge / online platform | Online access to the share-trading account; app links on the official site | Account access outside market hours does not imply round-the-clock exchange trading.Source 1 |
| CDSC services | Securities accounts and agent-assisted depository instructions | Handled through the CDSC/Central Depository Agent framework.Source 2Source 7 |
| DhowCSD | Central Bank of Kenya platform for government Treasury bills and bonds | Separate from CDSC; Dyer & Blair links to the CBK portal and describes secondary-market bond services.Source 1 |
| Dealer-assisted service | Contact the brokerage team about trading instructions | Confirm the applicable service, pricing and order acceptance.Source 4 |
An order instruction is not an execution guarantee. Market hours, price limits, liquidity, partial fills, corporate actions and system availability can change the result. A cancellation is effective only after the broker or venue acknowledges it; closing an app does not cancel an accepted order.[1]
Funding, withdrawals & transfers
Sections ↑Cash funding and withdrawal lifecycle
| Stage | Published route | Constraint |
|---|---|---|
| Bank funding | Transfer to the approved client/broker account | Correct client reference and same-name funding matter.Source 2 |
| Sale proceeds | Available after current NSE/CDSC settlement and obligations | The broker currently describes T+3 on its brokerage page. This is the company’s published description; use the applicable market timetable and contract note for the trade.Source 2Source 7 |
| Withdrawal | Instruction to the verified bank account from settled cash | Open orders, unpaid purchases and encumbrances reduce availability.Source 4 |
Moving an existing portfolio
| Transfer type | Published treatment | Material consequence |
|---|---|---|
| CDS transfer-in | Move supported Kenyan securities through CDSC/broker procedure | Registration details must match.Source 9Source 2 |
| Transfer-out | Current CDSC/broker forms and fees apply | Pledged or unsupported positions can delay transfer.Source 9 |
| Change of broker | CDS account/broker mandate process | Changing execution broker does not require selling every position.Source 7 |
Buying power, settled cash and withdrawable cash are different quantities. A deposit can support an order while still being subject to clearance, and sale proceeds remain tied to market settlement. Margin, open orders and transfer holds can reduce cash that appears available.[1]
Custody, regulation & client protection
Sections ↑Protection chain
| Layer | Published position | What it does not mean |
|---|---|---|
| Broker entity | Dyer and Blair Investment Bank Limited | The CMA licence and client agreement define the service.Source 5 |
| CMA supervision | Investment-bank licence 004 and derivatives-broker licence 128 | Licensing is not a performance guarantee.Source 5Source 6Source 10 |
| CDSC custody/settlement | Central depository and settlement infrastructure | The settlement guarantee/infrastructure is not personal market-loss insurance.Source 7 |
| Complaint route | Firm then CMA/CDSC or relevant market route, depending on issue | Evidence and jurisdiction determine the recipient.Source 4Source 5 |
The two CMA entries identify different licensed activities of the same Kenyan legal company. The derivatives-broker category does not itself authorise an online foreign-exchange service. CDSC and DhowCSD also have different operators and asset coverage.[5][6][10][1]
Support, complaints & security
Sections ↑Support and escalation
| Route | Use | Boundary |
|---|---|---|
| Client service | Nairobi office, +254 (0) 709 930 000 and [email protected] | Published hours: Monday–Friday, 08:00–17:00.Source 4 |
| Dealer support | Broker-assisted orders and service | Confirm whether additional charges apply.Source 4 |
| CDSC support | Depository-account and transfer questions | CDSC is not the broker’s research or dealing desk.Source 7Source 9 |
| CMA verification/complaint | Use CMA records and appropriate complaint route | The regulator does not guarantee order execution or returns.Source 5 |
For an order or cash dispute, retain the contract note, instruction, timestamps and account reference. The published office hours describe client-service availability; they do not guarantee execution or a particular response time.[4]
Official support destinations
Special services & tools
Sections ↑Distinctive services
| Service | Function | Condition |
|---|---|---|
| Research | Kenyan and regional market research | Research is not personalised advice without a mandate.Source 1 |
| Wealth management | Advisory/managed investment relationship | Fees and authority are separate from execution-only brokerage.Source 1 |
| Investment banking | Corporate finance and capital-markets services | Institutional activity does not change retail account protections.Source 1 |
Depository-agent services
| Instruction | Published service |
|---|---|
| Account opening | Personal, joint, group, corporate and nominee accounts.Source 2 |
| Paper certificates | Immobilisation into the electronic securities system.Source 2 |
| Collateral | Pledge and release of shares.Source 2 |
| Private transfer | Subject to NSE and CDSC approval.Source 2 |
| Succession | Transmission of shares following death.Source 2 |
Company, entity & operating context
Sections ↑Dyer & Blair Investment Bank at a glance
| Measure | Value | Context |
|---|---|---|
| Contracting entity | Dyer and Blair Investment Bank Limited | Source 5 |
| Primary jurisdiction | Kenya | Source 5 |
| Headquarters | Nairobi, Kenya | Source 4 |
| Founded | 1954 | Source 11 |
| Broker classification | Kenyan investment bank with securities and derivatives brokerage | Source 1Source 2 |
Company and service boundaries
| Issue | Published position |
|---|---|
| Fee boundary | Obtain a current order quote; the older FAQ’s percentage tiers are not treated here as a current all-inclusive tariff.Source 4 |
| Settlement boundary | The current exchange/CDSC cycle should be checked rather than relying on older wording.Source 2Source 7 |
| Protection boundary | CMA licensing and CDSC records do not insure ordinary market losses.Source 5Source 7 |
- Headquarters
- Nairobi, Kenya
- Founded
- 1954
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Dyer and Blair Investment Bank Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Capital Markets Authority Kenya004 | Authorised | Checked 29 Oct 2026Listed in the CMA investment-bank category.Source 5Source 10 |
| Capital Markets Authority Kenya128 | Authorised | Checked 29 Oct 2026Listed in the CMA derivatives-broker category, not the online foreign-exchange category.Source 6Source 10 |
Additional information
Sections ↑Company development
| Measure | Value | Context |
|---|---|---|
| 1954 | Founded in Nairobi as the Hickman & Grey stockbroking partnership; a founding member of the NSE. | Source 11 |
| 1956 | The firm adopted the Dyer & Blair name following a change in ownership. | Source 11 |
| 2004 | The company says it became a fully licensed investment bank. | Source 11 |
| Regional structure | The company describes subsidiaries in Kenya, Uganda and Rwanda; this profile’s licence details concern the Kenyan legal company. | Source 11 |
Sources & further reading
- Dyer & Blair services and platform links Dyer & Blair Investment Bank · Accessed 29 Oct 2026
- Brokerage, derivatives and central-depository-agent services Dyer & Blair Investment Bank · Accessed 29 Oct 2026
- Current account and online-trading FAQ Dyer & Blair Investment Bank · Accessed 29 Oct 2026
- Current Nairobi contacts and office hours Dyer & Blair Investment Bank · Accessed 29 Oct 2026
- CMA investment-bank register: Dyer and Blair, licence 004 Capital Markets Authority Kenya · Accessed 29 Oct 2026
- CMA derivatives-broker register: Dyer and Blair, licence 128 Capital Markets Authority Kenya · Accessed 29 Oct 2026
- Central Depository and Settlement Corporation CDSC Kenya · Accessed 16 Oct 2026
- CDS account opening CDSC Kenya · Accessed 16 Oct 2026
- CDSC frequently asked questions CDSC Kenya · Accessed 16 Oct 2026
- CMA public register: licence categories Capital Markets Authority Kenya · Accessed 29 Oct 2026
- Company history and regional structure Dyer & Blair Investment Bank · Accessed 29 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.