By Dipo Olowookere
No fewer than 78 stockbrokers are currently undergoing the first virtual Automated Trading System (ATS) training in 2021.
It is the second time the training is being held remotely since 2020 when the COVID-19 pandemic forced countries, organisations and others to change the ways they do things. The first virtual ATS Certification Training was held on May 13, 2020.
The ATS training is organised by the Nigerian Exchange (NGX) Limited and it is mainly for those who have passed the Chartered Institute of Stockbrokers (CIS) qualification examination.
Business Post reports that the intensive programme forms a part of the mandatory eligibility and admission procedure for any stockbroker who wishes to become a Trading License Holder of the exchange.
The 78 registered participants will undergo training from April 28 to May 19, 2021, and will undertake courses across multiple asset classes like fixed income, derivatives, ETFs and equities trading.
At the end of the programme, the stockbrokers will have a broader knowledge of the capital market, which would be useful to them when dealing with clients and others.
“I must commend the participants present today on the successful completion of the CIS examinations which lay the foundation for participation at this ATS training.
“As the future leaders of the capital market, every trainee shoulders the responsibility of building a capital market that provides diversified products and services that meet the increasingly sophisticated needs of investors.
“I am confident that this ATS Certification Training will provide participants with the capacity needed to make the paradigm shift from a focus on the equities market to strategic trading in other products like derivatives, bonds, ETFs, etc. which are listed in our market,” the Head of Trading Business Division at the NGX, Mr Jude Chiemeka, stated.
In emphasising the exchange’s role in ensuring a vibrant and active capital market even in a crisis, Mr Chiemeka said, “The impact of COVID-19 has necessitated that we come up with more digital-friendly solutions to keep activities in the market moving.
“The volume of sign-ups we have received for the virtual ATS Training is a testament to the appetite of Nigerians to engage in our capital market as operators.
“We are pleased about the keen interest we have seen and will continue to provide learning and trading opportunities that will benefit our stakeholders.”
The blockchain brings new financing options to the business market. For example, Bitcoin Cash casino has adapted to only using cryptocurrency. This way, it makes it easier for their customers to deposit and withdraw in a BCH casino. Entrepreneurs have taken note of this and are looking to invest more in crypto than in fiat markets.
Like Our Facebook Page
Latest News on Business Post
- FG Launches System to Register Phones to Tackle Theft May 13, 2021
- Premier League Agrees £5bn TV Broadcast Deal Extension May 13, 2021
- Firm Unveils Insurance Cover for Tricycle Riders May 13, 2021
- Insecurity: Buhari Begs Nigerians for More Understanding May 13, 2021
- HP Extends Digital Partner Programme to Global Retailers May 13, 2021
- DMO, Investors Prepare for N150bn Bond Sale May 19 May 13, 2021
- Eid al-Fitr: Akande-Sadipe Tasks Muslims on Peace, Love May 13, 2021
- Companies Pay N392.8bn Income Tax to Government in Q1 2021 May 13, 2021
- Bitcoin Slides as Elon Musk’s Tesla Suspends Acceptance for Purchase May 13, 2021
- Brent Hits $69 Amidst Positive Economic, Demand Forecasts May 13, 2021
Economy5 years ago
Kwara Disburses N1.7b For Projects
Technology5 months ago
How To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN
Feature/OPED1 year ago
Davos was Different this year
Economy3 years ago
FAAC: FG, States, LGs Share N655.18b in January
Economy2 months ago
MBA Forex Blames CBN for Inability to Return Investors’ Funds
Banking3 years ago
Sort Codes of GTBank Branches in Nigeria
General2 years ago
Ikeja Electric Explains How to Get Prepaid Metres via MAP
Feature/OPED2 months ago
COVID and the Growth of Technology in Nigeria