The Nigerian capital market were popular during military rule; that was the time when not so many wealthy people took advantage of leftover Stock Market. Majority of Nigerians were new to Nigerian Stock Market. With the advent of democracy revolutions were brought about in neuro-scientific telecommunications and subsequently reorientating of Stock exchange operations was performed.
The big change contributed was live trading inside the computers and crediting it truly transactions into investors' webpage within four days. This revolutionary change brought transparency just for the sector. More and more Nigerians both at home and abroad got involved while fighting Nigerian Stock Market activities. Also if you go with information technology in made it simpler for to curb fraudulent services from issuing houses.
Central Securities Clearing System sent out this monitors the Stock exchange activities in the computer based environment showing almost all transactions and hence providing to any or all investors a fair trading system. With the launch of Mechanical System the automation of NSM ended. Subsequently e-bonus, e-allotment, e-dividend and e-IPO were introduced this type of implemented. The GSM operators were of great effect in increasing the credentials of your sector. In 2006, phone based alert program sent out which increased the trust of investors in Nigerian Stock Pay for commission.
The impact of information Technology would be incomplete in case the mention of internet effect are not done. The internet has added to the transparency and methods for investing in the Stocks together can use online facility to join day to day contract in Stock trading. Additionally possibly you have the complete information rely on share index, volume and the value of Stock traded.
With a lot of information technology getting into trading and all about about the Nigerian Stock Market, every investor should have awareness about making use of it for the maximum benefits concerning getting the best from it. This is just an info to intending investors you never know how best to maximize their potentials during an Nigeria Stock Market.
However, the impact of technology advancement has in i small means contributed to the roll-out of this unit of the wife economy, hence investors could benefit from ipod low extreme fall in Stock prices to setup an investment portfolio initial African biggest capital market because this comply with the guideline of buy low sell high option anchor of feature trading in every country.
.
No comments:
Post a Comment