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NGX allays fear of trading disruptions over planned protest

The Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX), Jude Chiemeka, has allayed fears of trading disruptions due to the planned nationwide protest…

The Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX), Jude Chiemeka, has allayed fears of trading disruptions due to the planned nationwide protest scheduled to commence on Thursday (today).

He explained that the NGX had made several investments in technological innovations which allowed stockbrokers trade from the comfort of their homes.

He spoke at the NGX headquarters shortly before “Facts Behind the Offer” presentation by the FCMB Group on Tuesday.

He said, “I know a lot of people have concerns about the protest, but at the NGX, because of the many investments we made in technology, we have not had a down time or down day, even during COVID-19.

“Be rest assured that you’ll be able to train seamlessly. Protest or no protest, we will be able to trade because we do have a technology that can support you to trade, support our brokers, market intermediaries to trade from the comfort of their homes.”

 

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