Capital Bancorp Plc has unfolded five strategic initiatives to enhance investors’ seamless transaction in the Nigeria’s capital market and promote the federal government’s financial inclusion programme as part of its corporate brand positioning. Besides, the company has upgraded its Bancorp E-Trade in line with the rising demand of its teeming clients to enable them key in their mandates which go directly to the Nigerian Stock Exchange (NSE).
Addressing financial journalists in Lagos, yesterday, the head, Stockbroking of Capital Barcorp, Mrs Ayoola Opeyemi explained that technology drives the entire global financial market and the company has leveraged its innovativeness to introduce five key initiatives in order to attract more investors into the capital market.
Also, Miss Opeyemi Ojomu, a stockbroker of Capital Bancorp listed the initiatives as Upgraded Bancorp E-Trade, Online Account Opening, Bancorp Mobile, Live Chart and Self Service Desk. Speaking on the Direct Market Access also known as be your own trader, Ojomu explained that it enables investors to take advantage of price volatility to purchase some stocks instantly.
“It is not uncommon that price volatility in the market makes investors unable to take advantage of some stocks instantly at their particular prices. With our upgraded Bancorp E-Trade, we have been able to solve this challenge for our clients.”
The Direct Market Access allows clients to trade themselves without the intervention of the broker. They key in their mandates which go directly to the floor of the Nigerian Stock Exchange and mandates are executed immediately stocks are trading at clients’ limit”, Ojomu said.
Speaking on security of the portal, the company’s Head, IT, Mr. Stephen Akande said that the technology had been designed in compatibility with Google Play to hedge against cyber fraud.