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.
How we play our role
KASIB engages with domestic, regional and international exchanges, depositories, custodians, government, the public and other specific stakeholders from time to time in developing our Capital Market. We make policy recommendation and give input on draft. Our aim is to facilitate enabling laws, regulations, rules and guidelines and continuously enhance the operations and development of the KASIB Council Members including our own corporate documentation. We further promote Capital Markets awareness training and investors education.
Code of Ethics
This is one day of business trading at the stock exchange, from the opening bell to the closing bell..
This is a limited liability company whose shares have been issued through an initial public offering and are traded at the stock exchange..
To subscribe is to apply for the purchase of shares in a new issue..
It is also known as the stock market. It is the market in which shares are issued and traded either through the stock exchange or over the counter markets. It is vital in any market economy because it provides an avenue through which companies can raise capital and gives the investing public an opportunity to own a slice of these companies. It can be divided into two. There is the primary market where new issues are first offered e.g. the initial public offerings. And the secondary market where all subsequent trading takes place at the Nairobi Securities Exchange..
This is short for ‘Large Market Capitalization’ and is a term used to refer to companies with a very high market capitalization value..