info[at]kasib.co.ke

About KASIB

The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AKS) but later changed its name to KASIB in order to accommodate the interests and aspirations of investment banks that also operate as stockbrokers.
The eighteen members all have seats at the NSE and are holders of their respective licenses as stockbrokers or investment banks.

How we play our role
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. Our aim is to facilitate enabling laws, regulations, rules and guidelines and continuously enhance the operations and development of the KASIB Council Members including our own corporate documentation. We further promote Capital Markets awareness training and investors education.

Advocacy

Lobbying

Union

Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Front Running : 

    This is an illegal activity where a stockbroker buys or sells shares in his/her own name while taking advantage of advance knowledge of pending orders from his customers. Example; if a stockbroker buys himself 10,000 shares of a company just before he buys 1,000,000 shares of the same company for his client.

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  • Indenture : 

    This is a contract between the issuer of a bond and the bond holders specifying interest rates, maturity date, rights, responsibilities and terms of both parties.

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  • Private Placement : 

    This is when a company raises capital via a private rather than public placement. It therefore sells shareholding to a selected few investors, mostly institutional investors.

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  • Eating Stock : 

    Eating stock is when you purchase shares because you are forced to do so and not because you desire to purchase it.

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  • Annual Report : 

    A publication issued by a company to its shareholders at the company’s fiscal year-end. The document typically includes financial statements, reports on operations, the auditor’s report and other relevant information on the company. It is mandatory for all public companies.

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