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Nigerian Stock Trading Platform Reaches First Birthday

Nigerian Stock Exchange dubs the X-Gen trading platform as a success

The Nigerian Stock Exchange launched the X-Gen trading platform a little over one year ago on the 30th of September 2013. In a statement released Mrs. Nwando Ajene, Head of Corporate Communications, the NSE said [the success of the platform] serves as a testimony that the NSE is devoted to providing 21st century technologies to support the growth of the Nigerian capital market.

Executive Director, Marketing Operations and Technology of the NSE, Mr. Ade Bajomo said:

With the launch of X-Gen, we have achieved so much in one year; improved market order flow, increase in the number of trades, high availability, direct market access, remote trading, and income diversification.

We are mostly excited that X-Gen has also brought about the advent of mobile trading technologies to the retail and institutional segments of the Nigerian capital market.

Have you traded on the NSE? Write to us and let us know your experiences.

To read our source article, click here.