By Adedapo Adesanya
Tapping into the many potentials of technology is an important tool for excellence service delivery and securing the capital market community. This was the premise around which trading platform for unlisted securities, NASD, hosted stakeholders in collaboration with Chartered Institute of Stockbrokers, (CIS) and Association of Stockbroking Houses of Nigeria, (ASHON).
The event, held on Friday, September 27, 2019 in Lagos, was put together to map out ways to deploy technology to deepen the activities of the NASD OTC Securities Exchange.
It was noted that the capital market is experiencing changes as a result of technological disruption and NASD reiterated its commitment to create new investment opportunities for investors using technology and the most problem-solving innovative ideas.
Managing Director and Chief Executive Officer of NASD Plc, Mr Bola Ajomale, stated that it was important for the capital market to evolve along with the times.
According to him, “there is so much we can do. Imagine where small businesses can raise funds and transact abroad using bitcoins. It allows you to do a lot more, if only we can embrace it.”
During an educative and impactful panel session on Blockchain and Cryptocurrency Assets Primers facilitated by Pind Foundation’s Enitan Pascal Odogun, ACIS, stakeholders had the opportunity to inquire and gain insights on the activities of the exchange and shared thoughts on key issues affecting the market.
Since it commenced operations in 2013, NASD has continued to develop new opportunities in the Nigerian Capital Market.
NASD has a secondary market which allows trading of listed companies securities and a primary platform NASDeP which serves as a breeding ground for small businesses and investors looking to enter the market.
