Taming the financial cycle The challenge of taming the financial cycle is, no doubt, formidable. The nature of systemic instability is not fully understood, and by the same token, analytical tools for risk detection, risk assessment and to support policy responses are being developed. This is why the progress of researchers in MaRs and elsewhere has been very welcome.
Stock brokers will continue to exercise their role as agents of the investors in placing sale and buy trade orders. iv. Cash settlement of all trades through this system will take place through the Kenya Electronic Payment and Settlement System (KEPSS) also known as Real Time Gross Settlement (RTGS) domiciled at the Central Bank of Kenya.