Nigeria’s largest stockbroking firm and member of Stanbic IBTC Holdings
PLC, Stanbic IBTC Stockbrokers Limited has launched an online
stockbroking service on the Nigerian Stock Exchange (NSE) with real-time
processing capacity.
The Stanbic IBTC E-Trade provides
investors with real-time market information as well as enabling them
give real-time mandates to buy or sell shares on the Nigerian Stock
Exchange.
Among its uptakes, the platform is
expected to help the market regain the confidence of investors by
availing them of insight required to act prudently on new investment
opportunities in the marketplace via a secure and robust
technologically-driven platform.
Chief Executive, Stanbic IBTC Holdings
PLC, Sola David-Borha, said the Group is committed to helping deepen the
Nigerian capital market by making available to the investing public
information, initiatives and strategies that could help them have
superior information about developments in both the local and global
markets.
She stated: “In introducing the new
platform, the overarching goal is to identify both opportunities and
threats in the global marketplace, which is made available to investors
in real-time to enable them respond as quickly as possible. Our focus is
on attracting investment to the Nigerian economy. The Stanbic IBTC
E-Trade Platform is targeted at all retail investors.”
Enumerating the benefits of the platform,
Chief Executive, Stanbic IBTC Stockbrokers Limited, Titi Ogungbesan,
stated that with reliable and timely data, decision making is faster and
investors are better able to structure their activities for efficiency,
while tapping into opportunities, all of which will positively impact
both their portfolios and returns.
Ogungbesan, who said there is no better
time to invest in the Nigerian capital market than now when prices of
equities are low and consequently attractive, noted that trading on
Stanbic IBTC E-Trade is limited to only NSE for now. She highlighted
other benefits of the Stanbic IBTC E-Trade to include flexible online
trading environment anywhere, 24-hour access to your brokerage account,
access to live market data from The Nigerian Stock Exchange for instant
investment decision, convenience, transparency and control over your
investment. Others are instant email notification on your transactions,
automated contract note and trade notification delivery system.
Erromosele Abiodun
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