NGX inducts 103 dealing clerks, reinforces market integrity

The Nigerian Exchange Limited recently inducted 103 newly qualified Authorised Dealing Clerks, reinforcing professionalism, capacity, and ethical standards within Nigeria's capital market. These individuals successfully completed the Exchange's 15-day Automated Trading System Brokers’ Certification Programme, which provides extensive training on market structure, trading procedures, regulatory compliance, and operational framework.

During the ceremony, NGX CEO Jude Chiemeka praised the new clerks for upholding the highest standards of integrity, professionalism, and ethical conduct as they embark on their careers in the market. The Exchange aims to strengthen market integrity, symbolized by the ceremonial robes given to the inductees, representing their commitment to the Chartered Institute of Stockbrokers and the NGX Rulebook.

Chiemeka emphasized the Exchange's zero-tolerance policy on market infractions and urged the trainees to maintain high professional standards. The market's importance extends beyond trade execution, facilitating capital raising, deepening liquidity, providing investment guidance, and broadening participation, according to the "Doyen of the Market," Rasheed Yusuf.

Market practitioners, including Sehinde Adenagbe and Fiona Ahimie, stressed the crucial role they play in building investor confidence and the growth of Nigeria's capital market.