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The requests went to a Central Office, which condensed and forwarded them to the New York computer. Replies followed the sequence in reverse. The data was transmitted on AT&T's Dataphone high-speed telephone service. In 1963 the new system was accepted by many brokers, and was installed in hundreds of their offices. [10]
Afrinvest was founded in 1995 by Godwin Obaseki as Securities Transactions & Trust Company (Nigeria) Limited (“SecTrust”). [3] Over the years, SecTrust established a close relationship with its London-based partners (“Afrinvest Limited”), an investment banking firm regulated by the United Kingdom Financial Services Authority (“FSA”).
Nigeria: Abuja Securities and Commodities Exchange: Abuja: 1998 ASCE: NASD OTC Securities Exchange: LAGOS: 1998 43 NASD: Nigerian Exchange Group: Lagos: 1960 223 NGX: Nasdaq [9] Rwanda: Rwanda Stock Exchange: Kigali: 2011 10 RSE: InfoTech Capizar [10] East Africa Exchange: Kigali: 2014 EAX Seychelles: Merj Exchange Limited: Victoria: 2012 48 ...
Meritrade is an online platform under Meristem Securities Limited and was incorporated in 2014. The platform allow users trade stock online on the Nigeria Stock Exchange. In 2016, the platform was voted the best online trading platform. [6] Last year, Meritrade launched Merigame, a virtual game that allows users buy and sell stocks for fun. [7]
Traders perform conversions when options are relatively overpriced by purchasing stock and selling the equivalent options position. When the options are relatively underpriced, traders will do reverse conversions or reversals. In practice, actionable option arbitrage opportunities have decreased with the advent of automated trading strategies.
This page was last edited on 10 October 2019, at 20:13 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
This page was last edited on 9 November 2023, at 03:11 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Price action trading is about reading what the market is doing, so you can deploy the right trading strategy to reap the maximum benefits. In simple words, price action is a trading technique in which a trader reads the market and makes subjective trading decisions based on the price movements, rather than relying on technical indicators or other factors.