Membership (Stockbrokers)

Any person can apply for membership, dealership or to become a sponsor of RSE provided they meet and adhere to the prescribed conditions.

Qualification criteria :

Eligible Entities

Members shall be companies or corporations carrying on or incorporated or established in Rwanda with the primary object of carrying out the business of dealing in securities and individuals shall not be entitled for Membership;

Net-worth Requirements

Have satisfied or will satisfy upon admission, all the financial requirements prescribed by RSE Rules. These shall comprise of Rwf 10 million comprising of the minimum paid up capital Rwf 3 million plus free reserves (excluding revaluation reserves, capital reserves and specified reserves, and value of Membership / Dealership / deposit with RSE/ other stock exchanges) less accumulated losses, if any. Minimum funds committed for RSE operations should be Rwf 10 million.

Minimum Education Qualifications-

Corporate - University or College graduate. At least 1 Chief Executive Officer must have a university degree or passed examination approved by RSE.

Citizenship

Corporate Company should be incorporated or registered in Rwanda.

Experience

Minimum of 1 Director should posses a minimum of 2 years experience in capital market / portfolio management / investment consultancy/advisory.

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