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

  • Know Your Customer (KYC) : 

    This is the requirement that a stockbroker (or agent) should find out about a client’s financial needs, risk tolerance and investment knowledge before making recommendations. This knowledge enables the stockbroker to establish the most suitable securities for the investor.

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  • Face Value : 

    This is the cash denomination of a debt instrument e.g. a bond. It is the amount of money that the holder of the debt instrument receives from the issuer upon its maturity. It is also referred to as par value or principal.

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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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  • Hybrid Market : 

    A hybrid market is a stock exchange that allows for trading through the option of an automated electronic trading platform or the trading floor broker system. The Nairobi Securities Exchange is a hybrid market.

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  • Capital Loss : 

    This is a loss incurred when there is a decrease in the capital asset value as compared to its purchase price.

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Complaints

KASIB offers you a platform to report a complaint