Mr. Godwin Sitati
Code of Ethics
This is when two people or more come together to apply for shares in a new issue. They hold the shares jointly. While signing the deed of transfer after a sale of shares, all shareholders must sign. It is also referred to as joint ownership..
These are preference shares that come with an agreement that the company can buy them back at a future fixed date and price, or on certain specific terms at the discretion of the board..
These are the shares in a listed company whose dividends are guaranteed by another company. Since the dividends are backed by a guarantee, investors are willing to pay more for the shares..
This is the total number of shares sold in the stock market during a given period of time, usually a day. It is also referred to as the market turnover..
This is a financial institution with the legal responsibilities and mandate to manage and safe-keep a customer’s securities..