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 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, a subsidiary of the global Equiti Group, commented.
Kenya is one of the fastest-growing financial markets in Africa. EGM Securities saw a significant jump in growth during 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 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.”
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