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
This is a type of account in which a stockbroker holds shares belonging to clients, making the buying and selling of those shares easier..
This is a short-term reversal of the prevailing trend in the price movement of a share. Thus when in a falling market, the share registers a short term increment in price and in a rising market, the share registers a short term decline in price..
This is an investment fund that manages money from investors seeking private equity stakes in start-up businesses and small to medium sized enterprises with strong growth potential..
This is a stock with a solid record of paying consistently high dividends. The dividend yield is normally higher than the overall stock market..
An insider is any person who has access to crucial and valuable facts about a company which the public do not yet know (inside information). Information like expansion plans, financial results, contracts won, takeover bids etc., Insiders include owners, executives and consultants of a firm. A shareholder who owns more than 10% of a company is also considered an insider. It is illegal for an insider to engage in speculative trading in the company’s shares based on such information..