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

  • Matching Orders : 

    This is an illegal practice that involves simultaneously entering identical buy and sell orders for a stock so as to give the impression of active trading.

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  • Panic Selling : 

    This is a condition of the stock market where investors take fright and start selling a particular share with little regard to the price they sell at thereby pushing down its price. This usually results in a vicious cycle in which investors see a declining price as a sign to sell off their shares which further depresses the price and prompts even more investors to sell their shares fearing to incur loss.

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  • Authorized Shares (Stock) : 

    This is the total number of shares that a company is permitted to issue according to its memorandum and articles of association. This number can only be increased if a resolution is passed to that effect by the majority of the shareholders and an application made to the registrar of companies.

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  • Government Paper : 

    This is debt security e.g. bonds that is issued by the government or guaranteed by it.

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  • Cum Dividend : 

    This means with dividend. The owner of shares bought cum dividend is entitled to receive an upcoming already declared dividend.

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