New traders join NASD OTC
Seven authorised traders joined the NASD OTC market this week, (July 7, 2015) bringing the total registered traders of all participating institutions to 163
Seven authorised traders joined the market this week, (JULY 7, 2015) bringing the total registered traders of all participating institutions to 163.
This growth is expected and indicates an increase in investors’ choice of brokers who are empowered to deliver above board services to investors in unlisted securities in Nigeria.
These traders can advise and transact on behalf of their clients on the NASD OTC platform.
These individuals firms who have successfully completed their
membership requirements with the NASD OTC and were inducted to trade on the market
include: Covenant Securities and Asset Mgt Limited, Dynamic Portfolio Limited, Eurocomm Securities Limited,
Interstate Securities Limited and Readings Investment Limited.
NASD is a promoter of a trading network that eases secondary market trading of all security of unquoted public companies primarily in but with a focus on the region.