NSE pledges support for GTI’s trading floor

The Nigerian Stock Exchange (NSE) has assured to support the operations of Nigeria’s first trading floor built by GTI Securities.

The floor was built as part of efforts to deepen the capital market as a catalyst for national development.

Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr Oscar Onyema, who gave this assurance during a visit to the trading floor, described the initiative by GTI Securities as an exciting and trail-blazing innovation.

According to him, the NSE will provide support to GTI because the private trading floor will help to drive the NSE’s stated goal of $1 trillion market capitalisation across five products.

Situated on Tinubu Street in the Marina axis of Lagos’s main Central Business District, the trading floor is a 150-seat multi-purpose trading floor. At full installed capacity, some 150 brokers and dealers can trade on all securities listed on any of the securities exchanges including Nigerian Stock Exchange (NSE) and NASD Plc.