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
These are the shares of a company which is registering higher than average earnings per share, faster than its industry or the overall market and is expected to continue with this climb. They are good for long term investment..
A derivative is a financial instrument which derives its value from an underlying asset such as stocks, bonds, commodities or currencies..
This is the removal of a company’s name from the official list at the Nairobi Securities Exchange so that it can no longer be traded. This happens when the company for which the stock is issued is not in compliance of the listing requirements at the exchange..
This is a certificate usually issued together with a bond or preferred shares that gives the holder the right, but not the obligation to subscribe for new ordinary shares at a specific price and within a specific time period. It is used to entice investors to buy the bond. It is worthless after the expiry period..
This is a restriction placed on a buy or sell order that instructs the broker to fill the order completely by the close of the market or the order should not take place..