Leveraging Technology to Deepen Activities in the Nigerian Equities Market - Charles Fakrogha
This edition of the WebTV "Market Review" anchored by Ottoabasi Abasiekong features Mr Charles Fakrogha the Chief Dealer, City Code Investment & Trust Limited, who provides insight on "Leveraging Technology to Deepen Activities In the Nigerian Equities Market".
Citing the Proshare 2020 Online Trading Report Fakrogha agreed that there is need for Capital Market Operators to give top priority to investor education, which will translate to increased activities in online trading from the equities to other segments of the market.
He described the Nigeria stock exchange as a "Multi-Asset" market that needs more activity in the mutual funds and exchange trade funds, even as the equities market remains dominant in the online trading space.
Mr Fakrogha believed Artificial Intelligence will play a pivotal role in driving market operations, but noted that it will take a gradual process for it to be fully embraced.
He also commended Proshare for the 2020 Online Trading report and the likes of Meristem & Investment One, who have been at the forefront of providing innovative online trading platforms.