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)
Broker is short for Stockbroker and refers to a member of the Nairobi Securities Exchange who is licensed to buy or sell securities on behalf of investors. Brokers are essentially the link between investors and the stock market. When acting on behalf of an investor for the purchase or sale of a listed stock, the broker does not own the securities but charges a commission on the gross value of the transaction.
This is the act of artificially rising or lowering the price of shares by creating an appearance of acting buying and selling. It is illegal.
This is the total amount of money paid in full by shareholders of a company for the purchase of their shares. It is calculated by multiplying the total number of shares issued by the par value of each share.
This is when the stock market does not have a clear trend, with about the same number of advancing and declining stocks.
This is the time between when a bond is issued and when it matures, at which time the issuer must redeem the bond and pay the principal (face value). Typically, a longer term to maturity has a greater yield and vice versa.