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 (AK
This is the physical document that shows ownership of a stock, bond or other security. However, after the introduction of the Central Depository System, paper certificates were rendered obsolete and through a process called immobilization, the movement of all paper certificates ceased.
Subscribe
To subscribe is to apply for the purchase of shares in a new issue.
Liquidity
This is the ability of an asset e.g. shares, to be bought or sold without affecting its price. Liquid assets are those that can be easily bought or sold without any significant change in price. Such assets are normally characterized by a high level of trading activity. A company which has issued a large number of shares is said to have liquid stock in the market. Investors find it safer to buy such stock because it is easier to get their money out of the investment if they need to do so.
Closing Date of Offer
This is the last date by which subscriptions for a new offering are accepted.
Sell Off
This is the rapid and widespread selling of a security e.g. shares, leading to a sudden drop in their prices. A sell off may occur when a company issues disappointing end of year results.
Investor Word
Certificate (Share Certificate)
This is the physical document that shows ownership of a stock, bond or other security. However, after the introduction of the Central Depository System, paper certificates were rendered obsolete and through a process called immobilization, the movement of all paper certificates ceased.
Subscribe
To subscribe is to apply for the purchase of shares in a new issue.
Liquidity
This is the ability of an asset e.g. shares, to be bought or sold without affecting its price. Liquid assets are those that can be easily bought or sold without any significant change in price. Such assets are normally characterized by a high level of trading activity. A company which has issued a large number of shares is said to have liquid stock in the market. Investors find it safer to buy such stock because it is easier to get their money out of the investment if they need to do so.
Closing Date of Offer
This is the last date by which subscriptions for a new offering are accepted.
Sell Off
This is the rapid and widespread selling of a security e.g. shares, leading to a sudden drop in their prices. A sell off may occur when a company issues disappointing end of year results.