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.
Code of Ethics
These are essentially shares, bonds, debentures, rights or any other such legal documents issued by a corporation or government..
When an investor buys shares, he/she normally does so with a future date in mind when they would like to cash in on their investment. The total length of time from the date of purchase of a share to the date when it is sold is the investment horizon, provided that it is planned. An investment horizon can be years, months, weeks or even days..
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..
A share is said to rebound when it registers a sustained increase in price, after a period of decline..
This is a type of account in which a stockbroker holds shares belonging to clients, making the buying and selling of those shares easier..