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)
A thin market is when there are comparatively few bids to buy or offers to sell, or both. Since only a few transactions take place in a thin market, the prices tend to be more volatile.
Hypothecation
This is when a stockbroker accepts an investor’s shares as collateral for a loan to purchase more shares for the investor.
Inside Information
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.
Overheated Market
This is a situation in which too much money is chasing too few shares leading to sharp price rises. This is said to be the last phase of a bull cycle and it usually portends an imminent onset of a bear cycle.
At Best Order
This is an instruction from a client to a broker authorizing the broker to use his discretion and try to execute an order at the best possible prize.
Investor Word
Thin Market
A thin market is when there are comparatively few bids to buy or offers to sell, or both. Since only a few transactions take place in a thin market, the prices tend to be more volatile.
Hypothecation
This is when a stockbroker accepts an investor’s shares as collateral for a loan to purchase more shares for the investor.
Inside Information
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.
Overheated Market
This is a situation in which too much money is chasing too few shares leading to sharp price rises. This is said to be the last phase of a bull cycle and it usually portends an imminent onset of a bear cycle.
At Best Order
This is an instruction from a client to a broker authorizing the broker to use his discretion and try to execute an order at the best possible prize.