Stock exchange hails next generation trading platform
from OKORO CHINEDU in Lagos, Nigeria
LAGOS – THE Nigeria Stock Exchange expressed excitement at the success of X-Gen, the next generation trading platform, a year after it adopted the offering.
Ade Bajomo, Executive Director Market Operations and Technology at NSE,
said the platform had enabled the bourse create an improved trading
“With the launch of X-Gen, we have achieved so much in one year; improved market order flow, increase in the number of trades, high availability, direct market access, remote trading, and income diversification.
“We are mostly excited that X-Gen has also brought about the advent of mobile trading technologies to the retail and institutional segments of the
Nigerian capital market,” Bajomo added.
According to experts, the X-Gen platform has the capacity to allow
investors to have real time access to the market as well as their portfolios, via the web and mobile phones.
This includes smartphones and tablets running Apple’s IOS and Google’s
Android operating systems.
This gives investors the ability to execute market orders in near real
time conditions anywhere in the world.
“After a successful year of operations, X-Gen has demonstrated its
innovative trading capabilities and the Nigerian capital market has
“It remains the game changer,” Bajomo said.
X-Gen was launched at the end of September last year.
NSE said its launch showcased the bourse commitment to providing world
class platforms that would enable all stakeholders create durable wealth.
– CAJ News
Short URL: http://cajnewsafrica.com/?p=1973