The Nigerian Stock Exchange (NSE) will be signing on the trading system of the multinational financial services powerhouse, NASDAQ OMX System.
This is part of plans to upgrade its current trading platform to the cutting-edge NASDAQ X-Stream – a high performance, robust and scalable, multi-asset, multi-market matching trading engine.
The event is expected to have top personalities from the Nigerian ICT sector and NASDAQ OMX International chiefs in attendance in Lagos on Tuesday next week.
The Executive Director, Market Operations and Technology (MOT) of the Exchange, Mr Adeolu Bajomo, explaining the background to the project, said that a little over a year ago, NASDAQ OMX along with two other global exchanges, responded to the NSE’s proposal to provide a market leading trading platform for the bourse.