info[at]kasib.co.ke

About KASIB

The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AKS) but later changed its name to KASIB in order to accommodate the interests and aspirations of investment banks that also operate as stockbrokers.
The eighteen members all have seats at the NSE and are holders of their respective licenses as stockbrokers or investment banks.

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Advocacy

Lobbying

Union

Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Stop Order : 

    A stop order is one placed by an investor with a stockbroker to buy or sell shares at a particular price (stop price) or better.

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  • Omitted Dividend : 

    This is a dividend which was expected, but which was not declared, usually due to financial difficulties. The company hereby opts to conserve its resources rather than to pay out cash.

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  • Intraday : 

    This means within the day. It is often used to refer to the price movements of a stock within a single trading session. Example; when a stock reaches a new intraday high, it means that it is trading at a new high price, relative of all other prices it has traded at during the day.

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  • Window Dressing : 

    This is a deceptive practice employed by some mutual funds managers in which recently weak stocks are sold and recently strong stocks are bought just before the funds holdings are made public in order to give the impression that they have been holding good stocks all along.

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  • Over the Counter (OTC) : 

    This is a market where shares (or other securities) which are not listed in the main stock exchange are traded. These shares are traditionally those of small companies which do not meet the listing requirements of the exchange. For such transactions, brokers negotiate directly with one another through computer and telephony networks. It is also called off-board trading.

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Complaints

KASIB offers you a platform to report a complaint