Shabba works directly with the institutions that shape East African capital markets, exchanges, regulators, and institutional desks, as a reference operator, a consultation participant, and a serious liquidity counterparty.
Our default mode is direct partnership. We share market microstructure analysis, contribute to consultation processes, and serve as a reference operator for the kind of disciplined algorithmic provision that mature derivatives and equity venues require.
None of this is paid consulting. It is the work of being a serious long-term participant in the markets we operate in.
An exchange is only as good as the liquidity sitting on its order books. Shabba works directly with East African exchanges that are designing or scaling market-maker programmes, sharing structure feedback on quote-obligation rules, mandate economics, fee rebates, and the operational realities of running an algorithmic provider against a published mandate.
We engage as a reference operator: a serious algorithmic participant who can speak to what good and bad programme designs look like in practice, both for the venue and for the firms that will quote into it.
When a regulator is evaluating a new product class (Options on Single Stock Futures on NSE NEXT, ETFs on the DSE, securities lending and borrowing under the CMA Kenya sandbox), there is a recurring question: what does an institutional-grade operator actually need from the framework to participate?
Shabba contributes to consultation processes and rule-making with operational answers, not lobbying positions. The infrastructure we run is the same infrastructure the rules are written to govern, so the feedback comes from a place of having to live with the result.
For pension funds, insurers, asset managers, and broker-dealer institutional desks operating in East African listed markets, Shabba is a continuous-quoting counterparty across the products we make markets in. Tighter spreads, deeper visible books, reliable presence regardless of session-by-session flow.
The relationship is direct. There is no white-labeled liquidity, no execution-quality games, no spread-padding for tiered client classes. The quote you see is the quote you get.