NGX Promotes Capacity Building for Trainee Clerks Across Asset Classes


Thursday, April 29, 2021 / 08:20 AM /by NGX Header Image Credit: NGX

Proshare Nigeria Pvt. Ltd.

Nigerian Exchange (NGX) Limited has kicked off its first Automated Trading System (ATS) Certificate Training for stockbrokers in 2021 with a focus on capacity building beyond equities. This makes the second cohort under this new remote framework since 2020, consisting 78 registered participants who will undergo training from 28 April to 19 May 2021.


In line with NGX's commitment to enhance the knowledge of capital market players across multiple asset classes, the ATS Certification Training covered fixed income, derivatives, ETFs, and equities trading. It is an intensive training organised for individuals who have passed the Chartered Institute of Stockbrokers (CIS) qualification examination, and forms a part of the mandatory eligibility and admission procedure for any individual who wishes to become a Trading License Holder of NGX.


Speaking at the training, the Head, Trading Business Division, NGX, Mr. Jude Chiemeka stated, "I must commend the participants present today on the successful completion of the CIS examinations which lay the foundation for participation at this ATS training. As the future leaders of the capital market, every trainee shoulders the responsibility of building a capital market that provides diversified products and services that meet the increasingly sophisticated needs of investors. I am confident that this ATS Certification Training will provide participants with the capacity needed to make the paradigm shift from a focus on the equities market to strategic trading in other products like derivatives, bonds, ETFs, etc. which are listed in our market."


It would be recalled that the first virtual ATS Certification Training held on 13 May 2020 as a result of the Coronavirus pandemic. In emphasising the Exchange's role in ensuring a vibrant and active capital market even in a crisis, Mr. Chiemeka had stated, "The impact of COVID-19 has necessitated that we come up with more digital friendly solutions to keep activities in the market moving. The volume of sign-ups we have received for the virtual ATS Training is a testament to the appetite of Nigerians to engage in our capital market as operators. We are pleased about the keen interest we have seen and will continue to provide learning and trading opportunities that will benefit our stakeholders."

Proshare Nigeria Pvt. Ltd.


Related News

  1. NSE Enhances Capacity of Dealing Members On Fixed Income Trading
  2. NSE Organises Fixed Income Trading Workshop to Enhance Capacity of Dealing Members
  3. Nigerian Exchange (NGX) Limited Offers Free Training to Derivatives Traders
  4. Domestic and Foreign Portfolio Investment: Retail Investors Drive Activity Level in March 2021
  5. Domestic and Foreign Portfolio Participation in Equity Trading - March 2021
  6. Demutualization will bring the NGX under Increased Scrutiny of Shareholders
  7. NGX Group Notifies of Change of Name and Brand Identity Post-Demutualisation
  8. Deputy British High Commissioner Engages Capital Market Stakeholders
  9. NGX Group Launches New Brand Identity and Website
  10. SEC to Hold First 2021 CMC on Thursday, April 15th


Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News