Lead Se­cu­ri­ties boost trad­ing, un­veils on­line trad­ing plat­form

Daily Trust - - BUSINESS -

Lead Se­cu­ri­ties and In­vest­ment Limited has un­veiled an on­line trad­ing plat­form to pro­vide more trans­parency and ac­count­abil­ity in stock mar­ket trans­ac­tions.

The por­tal, known as Lead­Trader, was aimed at eas­ing and boost­ing stock mar­ket for cap­i­tal mar­ket in­vestors all over the world, the firm said.

The Chair­man, Lead Se­cu­ri­ties and In­vest­ment Limited, Mr. Abim­bola Olashore, said that it was de­vel­oped with the aim of meet­ing the needs of in­vestors within and out­side the coun­try who have yearned for a por­tal that would en­able them to carry out their trans­ac­tions with higher level of trans­parency.

He spoke at the in­au­gu­ra­tion of the prod­uct at the Nige­rian Stock Ex­change in La­gos, not­ing that the por­tal was de­signed to con­form to global best so­lu­tions for on­line real-time trad­ing of se­cu­ri­ties utilised by re­tail and in­sti­tu­tional in­vestors in the ad­vanced economies.

Ac­cord­ing to him, it also pro­vided a se­cure and ef­fi­cient elec­tronic chan­nel of buy­ing and sell­ing stocks on the NSE.

He said: “Be­fore now, re­tail and in­sti­tu­tional in­vestors had been send­ing man­dates to their bro­kers to buy and sell stocks via emails and letters. Tech­nol­ogy has changed the way that is done and Lead­Trader has been de­vel­oped in such a way as to con­form in ev­ery as­pect with the global best so­lu­tions for real-time trad­ing of se­cu­ri­ties utilised by in­vestors in ad­vanced economies.

“The plat­form, there­fore, pro­vides in­vestors the con­ve­nience of ex­e­cut­ing their trades on­line through a range of de­vices such as desk­tops, lap­tops, tablets and other mo­bile de­vices.”

From left to right: Otunba Bimbo Ashiru, Ogun State Com­mis­sioner for Com­merce and In­dus­try; Mr Dhar­nesh Gord­hon, Man­ag­ing Di­rec­tor and Chief Ex­ec­u­tive, Nestlé Nigeria PLC; Dr. Sa­muel Adenekan, Cor­po­rate Com­mu­ni­ca­tions and Pub­lic Af­fairs Man­ager, Nestlé Nigeria and Prof. Ganiyu O. Olatunde, Chief of Staff to the Gover­nor dur­ing a cour­tesy visit to Ogun State Gover­nor by NES­TLE CEO re­cently in Abeokuta.

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