By Dipo Olowookere
Twenty new qualified stockbrokers also known as Dealing Clerks were on Tuesday, July 24, 2018, inducted by the Nigerian Stock Exchange (NSE).
The new clerks were inducted after successfully going through the NSE’s Automated Trading System (ATS) training faculty made up of seasoned capital market regulators and operators.
Chief Executive Officer of Icon Stockbrokers Limited, Mr Chike Nwanze, challenged the newly inducted brokers to uphold the tenets of the stockbroking profession.
“You must make your word your bond. This will have a far-reaching effect in stimulating confidence and growth of the Nigerian capital market,” he said.
In his welcome remarks, Chief Executive Officer of the NSE, Mr Oscar Onyema, stated that, “Your induction today is a testament to your years of dedication and hard work.
“It also marks the beginning of your journey as Authorized Dealing Clerks of the Nigerian Stock Exchange,” he added.
According to him, “With the extremely thorough and strict process leading to your qualification, I make bold to say that you are worthy to be practicing stockbrokers enabled to trade on any floor of the NSE in Nigeria.
“I therefore welcome you all to a new relationship which faces inward – for Professionalism, Integrity, Transparency and Reliability; and outward – for Excellent Service to our investor and issuer communities,” he added.
Mr Onyema informed the new brokers that the NSE will not hesitate to wield the axe on any erring member that falls short on any of its rules.
“Let me be clear that we have zero tolerance policy on all infractions and I am confident that I will not get a negative report concerning any of you,” he said at the event.
