NGX inducts 103 dealing clerks to reinforce market integrity
Nigerian Exchange Limited (NGX) has inducted 103 newly qualified Authorised Dealing Clerks.
In Brief
- •Nigerian Exchange Limited (NGX) has inducted 103 newly qualified Authorised Dealing Clerks.
- •The inductees completed NGX’s 15-day Automated Trading System (ATS) Brokers’ Certification Programme.
- •The programme focuses on market structure, trading procedures, compliance, and ethical standards.
- •Jude Chiemeka, CEO of NGX, emphasized the importance of integrity and professionalism in the market.
- •The induction aims to strengthen the capacity and professionalism of market practitioners.
Why It Matters
The induction of 103 dealing clerks by NGX is a significant step in reinforcing the professionalism and integrity of Nigeria's capital market. This initiative is crucial for maintaining investor confidence and ensuring the smooth operation of the securities market. By providing comprehensive training and certification, NGX is equipping these professionals with the necessary skills to uphold high standards of conduct and contribute to the overall development of the market.
Key Details
- Number of Inductees
- 103
- Duration of Certification Programme
- 15 days
- Programme Focus
- Market structure, trading procedures, compliance, and ethical standards
Context & Background
The Nigerian capital market has been undergoing significant reforms and developments aimed at enhancing its professionalism and integrity. The induction of dealing clerks is part of a broader effort to strengthen the institutional capacity and regulatory framework supporting the market.
Original Reporting & Sources
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