Investors and stockbrokers in the
Nigerian capital market now have an opportunity to experience ease in
investing in the market following the introduction a new online
real-time trading platform called MorganCapital iTrade.
The trading platform empowers investors
with direct access to the Nigerian Stock Exchange (NSE) to execute sell
and buy mandates online real time anywhere in the world.
Ayoleke Adu, managing director, Morgan
Capital Securities Limited, said “The introduction of the Morgan Capital
iTrade platform is another way the company ensures that its customers
enjoy world-class stockbroking experience.
He said: “Customers enjoy the full view
of real time market data and analytics at an astounding brokerage fee of
just 0.25 per cent.”
The Morgan Capita boss, who said it took
two years to develop this platform, explained that the platform is
different from others already introduced into the market.
According to him, unlike other
platforms, where the investors send the orders to stockbrokers, who in
turn key them into the system, with Morgan iTrade, the investor can key
in orders directly by themselves.
“With Morgan Capital, you are seeing the
orders yourself. When you click on any equity, you see all the orders,
all the people who want to sell or buy that equity.
“With that you already know whether you
have more buyers or sellers and at what prices. That will assist you to
take decision by yourself. It makes your decision taking to be very fast
and in transparency manner. So there will not be complaints of brokers
short-changing you,” he said.
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