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New traders join NASD OTC

Seven authorised traders joined the NASD OTC market this week, bringing the total registered traders of all participating institutions to 163

NSE-building

Seven authorised traders joined the NASD OTC market this week, bringing the total registered traders of all participating institutions to 163. NASD is a promoter of a trading network that eases secondary market trading of all security of unquoted public companies primarily in Nigeria but with a focus on the west African region.

This growth they say is expected and indicates an increase in investors’ choice of broker who are empowered to deliver above board services to investors in unlisted securities in Nigeria.

And who can advise and transact on their behalf on the NASD OTC platform. These are the  individuals who  have successfully completed their membership requirements with the NASD OTC and were inducted to trade on the market. Covenant Securities and Asset Mgt Limited, Dynamic Portfolio Limited, Eurocomm Securities Limited, Interstate Securities Limited and Readings Investment Limited.

watch Bola Ajomale On Trading In Companies Not Listed On Nigeria's Exchange PT 1

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