KASIB's Role in CMA

KASIB 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. 




Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • All or None (AON) : 

    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.

  • Material Information : 

    This is information about a company that has not yet been made public but which would have an impact on the company’s share price once released. Examples include expansion plans, financial results or takeover bids.

  • Block Order : 

    An order placed for the transaction (purchase or sale) of a very large quantity of securities.

  • Bell : 

    Refers to the bell which is sounded to open and close trading at the Nairobi Securities Exchange Trading Floor, thus the Opening Bell and Closing Bell respectively. Since the NSE went fully electronic by automating trading on September 22 2006, the Bell is rang on special occasions such as during the listing and commencement in the trading of a new security.

  • Immobilization : 

    This is the process by which movement of paper certificates ceases as all the details previously on paper certificates have been entered into one computerized system, i.e. the Central Depository System managed by the Central Depository and Settlement Corporation.