Definition of nigerian stock exchange market

All over the world, stock exchanges or financial market provide the platform for stockbrokers and traders to meet and transact in financial securities.

what is the meaning of nigerian stock exchange? | Yahoo Answers

Such securities may include currencies, bonds, shares, and so on. The Nigerian Stock Exchange is the corporate entity established following the report of the committee set up by the government in to look into the management of financial securities in the country. The Nigerian Stock Exchange NSE was established in September and started her full operation in June, The exchange was founded as the Lagos Stock Exchange but later took a new nomenclature in to become the NSE.

Nigeria Stock Market NSE | | Data | Chart | Calendar | Forecast

Even though it maintained her corporate Headquarters in Lagos, the NSE has spread her tentacles with branches located in several cities of the country including Abuja, Kano, Port Harcourt, Ibadan, Kaduna, Onitsha and Abeokuta. The Nigerian Stock Exchange is a platform that services the largest economy in Africa.

It provides trading and listing services. It also provides licensing services, stock market information and data, as well as other supporting services in the financial market.

As at the end June, , according to Wikipedia, there are about companies listed for trading and the market size stood at about With this size, the NSE positions herself as the third largest capital market in Africa.

During each of the weekdays, trading begins on the floor on the NSE by Unlike previous experiences, trading is now done using the Automated Trading Systems that provide a seamless approach to stock trading.

Nigerian Stock Exchange - Wikipedia

An Official Daily report is issued by the NSE after the closing of trading for the day. The activities of the NSE are under the strict regulation of the Nigerian Securities and Exchange Commission, which works to prevent non-compliance with the rules of trading, detect and tackle unscrupulous trading practices.

Presently, the Nigerian Stock Exchange is a member of the African Stock Exchanges Association ASEA and the World Federation of Exchanges FIBV. Leave a Reply Cancel reply Your email address will not be published.

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