plays its part towards facilitating development of Capital Markets within Kenya
and East Africa through collective views, representation and backing of our
members. We actively engage in promoting the implementation of the Capital
Markets Master Plan 2014 - 2023
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.
Code of Ethics
This is when the buy orders for a particular stock greatly outnumber the sell orders or vice versa. This may result in a temporary trading halt for that stock if trading has already commenced for the day. If trading for the day has not commenced, it may be delayed. A surge in buy orders may result from unexpected good news and likewise, a surge in sell orders may result from unexpected bad news about the stock..
This is when an individual or company owns a significant but non-controlling shareholding of less than 50% of a company’s shares. It is also known as minority ownership..
This is a long term debt instrument issued by companies for a fixed rate of interest over a stipulated period. They can be secured against assets held by the company or can be unsecured, backed only by the integrity of the borrowing company. Interest is paid at specified dates regardless of whether the company registered profits or not. Convertible debentures can be either fully or partly converted to ordinary shares after a stated period of time..
A financial instrument is a contract that represents a legal agreement involving monetary value. Financial instruments are either equity based; representing ownership of an asset, or debt based representing a loan made by the investor to the owner of the asset; or foreign exchange instruments..
These are a stockbroker’s internal policies and procedures that describe how customer accounts should be handled. They are intended to make sure that the stockbroker complies with regulatory requirements and are usually more stringent than external rules require..