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 (AK
This is a professional who runs and manages a portfolio of securities e.g. shares or bonds for and on behalf of investors.
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.
Secondary Offering
This is the issuance of new shares to the public by a company that has already made its initial public offering (IPO). Usually, such offerings are made by companies seeking to refinance or raise capital for growth.
Listing Requirements
Listing requirements are a set of conditions and standards that are imposed by the stock exchange upon companies that want to be listed on that exchange. A company wishing to issue its stock on the exchange must therefore meet these requirements and continue to do so for as long as they are on the exchange. Examples of listing requirements include minimum number of shares outstanding, minimum market capitalization and minimum annual income.
Market Overhang
This is a market situation where the sale of an IPO or stock is lessened because buyers are expecting its price to fall, and are therefore holding back from purchasing the stock, undecided whether to buy now or later.
Investor Word
Fund Manager
This is a professional who runs and manages a portfolio of securities e.g. shares or bonds for and on behalf of investors.
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.
Secondary Offering
This is the issuance of new shares to the public by a company that has already made its initial public offering (IPO). Usually, such offerings are made by companies seeking to refinance or raise capital for growth.
Listing Requirements
Listing requirements are a set of conditions and standards that are imposed by the stock exchange upon companies that want to be listed on that exchange. A company wishing to issue its stock on the exchange must therefore meet these requirements and continue to do so for as long as they are on the exchange. Examples of listing requirements include minimum number of shares outstanding, minimum market capitalization and minimum annual income.
Market Overhang
This is a market situation where the sale of an IPO or stock is lessened because buyers are expecting its price to fall, and are therefore holding back from purchasing the stock, undecided whether to buy now or later.