Capital Ban corp Boosts Investors’ Experience with New Initiatives
Capital Bancorp Plc, one of the leading stockbroking firms, has unveiled five strategic initiatives to enhance investors’ seamless transaction in the Nigeria’s capital market and promote the financial inclusion programme.
Speaking on the initiatives in Lagos yesterday, the company’s Head, Stockbroking, Mrs. Ayoola Opeyemi explained that technology drives the entire global financial market and Capital Barcop has leveraged its innovativeness to introduce five key initiatives in order to attract more investors into the capital market.
Presenting the initiatives, Miss Opeyemi Ojomu of Stockbroking Operations Department, listed them as Upgraded Bancorp E- Trade, Online Account Opening, Bancorp Mobile, Live Chart and Self Service Desk. Speaking on the Direct Market Access also known as be your own trader, Ojomu explained that it enables investors to take advantage of price volatility to purchase some stocks instantly.
“It is not uncommon that price volatility in the market makes investors unable to take advantage of some stocks instantly at their particular prices. With our upgraded Bancorp E-Trade, we have been able to solve this challenge for our clients. The Direct Market Access allows clients to trade themselves without the intervention of the broker. They key in their mandates which go directly to the floor of The Nigerian Stock Exchange and mandates are executed immediately stocks are trading at clients’ limit,” Ojomu said.
She explained that Bancorp Mobile is a secure trading application offering simple and hasslefree trading across NSE/ NASD equities at the click of a button.
“Bancorp Mobile enables you to open an account, trade, track your stock position and view transactions anytime anywhere on a mobile friendly interface. Our Live Chat provides opportunity for instant response while the Self Service Desk enables clients that walk in to service themselves,” she said.
Ojomu noted that the Self Service Desk had been created to enable customers open account, place orders, check account balance, view portfolio holdings and valuation and view real time prices on Market Watch.
Speaking on security of the portal, the company’s Head, Information Technology, Mr. Stephen Akande said that the technology had been designed in compatibility with Google Play to hedge against cyber fraud.
Also speaking, the Chief Compliance Officer of the company, Oluwarinumi Olawale noted that the company had a robust Know Your Client (KYC) policy which covers simple and enhanced categories. According to her, the company tracks all transactions and watches out for suspicious ones to ensure investor protection.