The SCD (Securities Central Depository) trading system was officially launched on the 18th Feb 2010 and the operations are presently going on. The notice for Immobilization of Shares has already been announced by USE.
Therefore, nobody will be able to trade in Shares without immobilization of the Share Certificates in respect of the listed companies at USE.
After implementation SCD (Security Central Depository System) in Uganda, all investors are required to open an SCD a/c.
We are one of the SCD Agents (Depository Participant) at Uganda Security Exchange.
You can open your SCD a/c hassle free at our office. The following are the requirements :
1. -3- Passport Size colour photos
2. Copy of Valid ID like Passport, Votor ID, Driving Permit, FCS Card, etc.
3. Bank Account Details
4. Bio-metric Identification (will be taken at our office for individuals)