The Committee shall broadly address all matters trade and technical. These shall include legislative, regulatory, privatization, new listings, new products etc.
The Committee shall address the numerous problems that were associated with the Safaricom IPO refunds and seek ways by which Members can be refunded the monies owed to them and held at Citi Bank.
The Committee shall address Training and Certification of Members and agents, including resolving and seeking clarity on the current ICIFA / CISI certification.
The Committee shall explore ways by which KASIB shall raise funds both in the medium and long term.
Code of Ethics
This is the period within which a buyer must pay for the purchase and a seller must deliver the shares sold. It is prescribed with reference to the date of trade i.e. T+4 means four days after the trade transaction the process must be completed..
This is the last day by which securities need to be registered with the issuer’s office so as to qualify to receive dividends, rights or bonus shares. It is also known as the books closing date..
A rally is a period of sustained increase in the price of stocks, bonds or indexes. It can happen during a bull or a bear market, called a bull market rally, or a bear market rally respectively..
An agent is an appointed representative (of a stockbroker or investment bank) who is authorized to transact the business of buying and selling shares for a commission through and on behalf of the stockbroker or investment bank..
This is the price-to-earnings ratio. It is calculated by dividing the market price per share by the earnings registered in the last twelve months. It is the most common measure of how expensive a share is. Companies that are not profitable at all, i.e. those with negative earnings do not have a P/E ratio at all. Companies with very high P/E ratios are normally considered to be risky..