The optimization of Information and Communication Technology (ICT) in the Nigerian capital market by regulatory bodies and stockbroking firms has led to several possibilities which are yet to be fully embraced by existing and prospective investors.
It is worthy to note that the process of opening a stock dealing account with a stockbroking firm/CSCS is being done electronically. Stock trading in most investment houses is presently done online and real time while sell/purchase mandates from clients are taken via GSM/SMS, emails or through the traditional mandate forms.
Investors can now monitor their stock account themselves on the internet or opt for the SMS option via trade alert. Find below three simple steps need to gain access to your stock position online:
1. Open an individual or corporate stockbroking account with a listed stockbroking firm and obtain your CSCS Clearing House Number (CHN).
2. Register as a new user on CSCS website using your CHN.
<
http://www.cscsnigerialtd.com/modules.php?name=Your_Account&op=new_user>3. Fill out CSCS Online Access form and submit to CSCS through your stockbroking firm.
Tue Nov 20, 2007 6:23 am