The Nigerian Stock Exchange has announced the induction of 20 authorised dealing clerks.
The Chief Executive Officer, NSE, Mr Oscar Onyema, said the successful dealing clerks had passed through the Exchange’s Automated Trading System training faculty, made up of seasoned capital market regulators and operators.
Onyema, at the 2018 Batch A induction ceremony for recently qualified Dealing Clerks of the Exchange, said, “The ATS training is a pre-requisite for participating in an oral examination, a rigorous exercise to ensure only suitable candidates secure the required regulatory approval to practice as authorised dealing clerks of the Nigerian Stock Exchange.
“It is important to note that out of 23 candidates who had already passed the Chartered Institute of Stockbrokers examination, as well as the 15 days mandatory practical ATS training at the NSE, 20 candidates were successful at the oral examination of the Exchange.”
Congratulating the new clerks, the NSE CEO said, “Your induction today is a testament to your years of dedication and hard work. It also marks the beginning of your journey as authorised dealing clerks of the Nigerian Stock Exchange.
“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 Nigerian Stock Exchange 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.”