The Nigerian Stock Exchange (NSE) on Tuesday, July 24, 2018, inducted 20 recently qualified Dealing Clerks with the charge that they should uphold the virtues of integrity, good character and high ethical and professional standards.
In his welcome remarks, the Chief Executive Officer of the NSE, Mr. Oscar N. Onyema, OON, commended the new inductees for successfully going through the Exchange’s Automated Trading System (ATS) training faculty, made up of seasoned capital market regulators and operators. “Your induction today is a testament to your years of dedication and hard work. It also marks the beginning of your journey as Authorized Dealing Clerks of The Nigerian Stock Exchange. With the extremely thorough and strict process leading to your qualification, I make bold to say that you are worthy to be practicing stockbrokers enabled to trade on any floor of The Nigerian Stock Exchange in Nigeria. I therefore welcome you all to a new relationship which faces inward – for Professionalism, Integrity, Transparency and Reliability; and outward – for Excellent Service to our investor and issuer communities”.
According to Mr. Onyema, NSE will not hesitate to wield the axe on any erring member that falls short on any of its rules. “Let me be clear that we have zero tolerance policy on all infractions and I am confident that I will not get a negative report concerning any of you”.
Mr. Chike Nwanze, Chief Executive Officer, Icon Stockbrokers Limited, challenged the newly inducted brokers to uphold the tenets of the stockbroking profession. “You must make your word your bond. This will have a far-reaching effect in stimulating confidence and growth of the Nigerian capital market”.