EGM Securities Collaborates with Investment Bank Sterling Capital

EGM Securities, a leading financial services provider in Kenya, recently announced that the company has formed a partnership with Sterling Capital, one of the most prominent investment banks in Kenya, to give Kenyans an opportunity to trade top-performing global stocks, indices and commodities.

In an official press release shared with Finance Magnates, EGM Securities mentioned that the new partnership will open doors for global trading opportunities. EGM Securities is a subsidiary of Equiti Group. In April 2021, Kenya’s premier online non-dealing Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term broker by market share became the first Kenyan broker to offer derivative contracts on the Nairobi Securities Exchange (NSE).

In the recent announcement, EGM Securities highlighted a surge in demand for the trading of global stocks in Kenya. Kenyan investors are planning to take advantage of the latest global economic recovery through the trading of international stocks and commodities.

“The global markets provide Kenyans with great trading opportunities for investment returns. We are very pleased to partner with Sterling Capital to provide global trading opportunities to Kenyans. The appointment of Sterling Capital further cements EGM Securities position as the premier provider of multi-asset products in Kenya, and across the African continent, and importantly, to give our people exposure to the global stock markets,” Samwel Kiraka, CEO of EGM Securities, commented.

Kenya

Kenya is one of the fastest-growing financial markets in Africa. EGM Securities has seen a significant jump in growth in the last few years amid strong demand for its financial products. “We are excited by the prospects of our new partnership with EGM Securities to expand the range of investment options for our clients. Sterling Capital will benefit significantly from EGM Securities’ global experience as a multi-asset Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term broker. This partnership brings together two premium financial services companies that are leaders in their respective areas of expertise,” David Ngaine, CEO of Sterling Capital, said.

Brian Myers, CEO of Equiti’s operations in Africa, commented: “Improving financial literacy rates and opening access to global markets for all Kenyans is at the core of what we do. This partnership is married to this goal, and we look forward to growing the relationship in the years to come.”