Capital Bancorp unfolds initiatives to deepen investors’ patronage
Besides, the company has upgraded its Bancorp e-Trade in line with rising demand from its teeming clients to enable them key into their mandate, and go directly to the Nigerian Stock Exchange (NSE).
Addressing journalists in Lagos, on Tuesday, the company’s Head, Stockbroking, Mrs Ayoola Opeyemi, noted that technology drives the entire global financial market, and that the firm has leveraged its innovativeness to introduce these five key initiatives in order to attract more investors into the capital market.
In her presentation, a staff in the Stockbroking Operations, Miss Opeyemi Ojomu, listed the initiatives 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.
According to her, market watch serves as a guide in placing orders to enable investors view live trades, real time prices, and total volumes of bid and offers on all stocks with their corresponding prices.
Ojomu noted that instant mail confirming success of the registration can be received, while Log in details will be received within 24 hours.