Genghis Capital, a Kenyan based stockbroker has announced the signing of a partnership with EGM Securities, Kenya’s first licensed online non-dealing forex broker.
The partnership will allow Genghis to extend its offering to clients to include a wider range of alternative asset classes offered by EGM Securities. These include online currencies, commodities, global indices, precious metals and oil, as well as global stocks.
EGM Securities is part of the Equiti Group of companies that has locally regulated subsidiaries across the world such as Equiti Capital, regulated by Financial Conduct Authority (FCA) in the UK.
“Our ambition is to be the premier provider of multi-asset products in Kenya, East Africa and the rest of Africa. We will achieve this by partnering with well-respected corporates such as Genghis,” said Mr Samwel Kiraka, CEO of EGM Securities, said.