The Capital Markets Authority
Corporate Governance Guidelines 2002
Current Constitution of Kenya
The Central Depositories (Regulation of Central Depositories) Rules 2004
The Capital Markets (Securities) (Public Offers Listing and Disclosure) Regulations 2002
The Capital Markets (Take overs and Mergers) Regulations, 2002
The Capital Markets (Foreign Investors) Regulations 2002
The Capital Market (Licensing Requirements) (General) Amendment Regulations 2009
Capital Markets (Registered Venture Capital Companies) Regulations 2007
Code of Ethics
Inside information is crucial and valuable information about a company which is known by the company’s board of directors, management and/or employees but not by the public. Such information could affect the company’s share price should it be made public..
Refers to the bell which is sounded to open and close trading at the Nairobi Securities Exchange Trading Floor, thus the Opening Bell and Closing Bell respectively. Since the NSE went fully electronic by automating trading on September 22 2006, the Bell is rang on special occasions such as during the listing and commencement in the trading of a new security..
A financial market is generally any market place where buyers and sellers transact in assets such as equities, bonds, currencies and derivatives and include money markets and capital markets..
A stock market speculator who expects share prices to rise and therefore keeps buying in anticipation to sell them later and make a profit..
An investment bank is an institution that deals with the creation of capital for other companies. They act as advisors and agents for a company on matters related to the issue and placement of a stock. Example; during an IPO, it is common to find the issuer engaging the services of an investment bank as the lead advisor on the entire transaction. They also provide stockbrokerage services and can trade in shares at the stock exchange in their own accounts..