Exclusive: Genghis Capital Taps EGM Securities for Services Expansion

Monday, 08/06/2020 | 09:47 GMT by Arnab Shome
  • This mutually beneficial deal will help EGM to expand its client base.
Exclusive: Genghis Capital Taps EGM Securities for Services Expansion
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Genghis Capital, an investment bank in Kenya, has partnered with EGM Securities, a regulated Multi-Asset broker in the country, to expand its offerings with the alternative asset classes.

Shared exclusively with Finance Magnates, Genghis new services will include online currencies, commodities, global indices, precious metals, and oil, along with global stocks in high demand.

EGM Securities CEO, Samwel Kiraka

CEO of EGM Securities, Samwel Kiraka

“Our quick to market approach to partner with Genghis was made possible by being part of a global group of companies with access to teams of specialists who can efficiently develop bespoke solutions for banks and brokerage houses, no matter the ask,” Samwel Kiraka, CEO of EGM Securities, said.

EGM Securities is the Kenya-based operations of Equiti Group. It is one of the only three regulated brokers in Kenya and was the first to receive the license.

“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,” Kiraka added.

Responding to the post-COVID-19 market demand

The brokerage also reacted quickly to keep up with the market demand amid COVID-19 pandemic and added tech, airline, and oil stocks, along with some popular pharma companies which are actively working on vaccines for Coronavirus .

“We are always looking to expand our offering while focusing on making investing an easy and straightforward process,” Kenneth Minjire, head of securities for Genghis Capital, added.

“We consider the partnership with EGM Securities as part of that mandate. We want to offer our clients additional options and exposure when it comes to investment vehicles. Since EGM Securities is regulated by the Capital Markets Authority of Kenya and Genghis has sophisticated clients willing to explore new asset classes for attractive returns, a partnership between our two companies is a natural fit.”

Genghis Capital, an investment bank in Kenya, has partnered with EGM Securities, a regulated Multi-Asset broker in the country, to expand its offerings with the alternative asset classes.

Shared exclusively with Finance Magnates, Genghis new services will include online currencies, commodities, global indices, precious metals, and oil, along with global stocks in high demand.

EGM Securities CEO, Samwel Kiraka

CEO of EGM Securities, Samwel Kiraka

“Our quick to market approach to partner with Genghis was made possible by being part of a global group of companies with access to teams of specialists who can efficiently develop bespoke solutions for banks and brokerage houses, no matter the ask,” Samwel Kiraka, CEO of EGM Securities, said.

EGM Securities is the Kenya-based operations of Equiti Group. It is one of the only three regulated brokers in Kenya and was the first to receive the license.

“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,” Kiraka added.

Responding to the post-COVID-19 market demand

The brokerage also reacted quickly to keep up with the market demand amid COVID-19 pandemic and added tech, airline, and oil stocks, along with some popular pharma companies which are actively working on vaccines for Coronavirus .

“We are always looking to expand our offering while focusing on making investing an easy and straightforward process,” Kenneth Minjire, head of securities for Genghis Capital, added.

“We consider the partnership with EGM Securities as part of that mandate. We want to offer our clients additional options and exposure when it comes to investment vehicles. Since EGM Securities is regulated by the Capital Markets Authority of Kenya and Genghis has sophisticated clients willing to explore new asset classes for attractive returns, a partnership between our two companies is a natural fit.”

About the Author: Arnab Shome
Arnab Shome
  • 6338 Articles
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6338 Articles
  • 80 Followers

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