Tuesday, 24 June 2014

Morgan Capital introduces online trading platform


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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