SECURITIES TRADING

Securities Trading

GSL is a subsidiary of the Greenwich Merchant Bank Group and an associate member  and a Dealing Member of The Nigerian Exchange Limited (NGX), the National Association of Securities Dealers OTC market (“NASD OTC Exchange”), Lagos Commodities and Futures Exchange (LCFE), and an associate member of the Financial Markets Dealers Quotation OTC Exchange (“FMDQ OTC Exchange”). We were also appointed Designated Adviser to companies seeking to be listed on the Growth Board of the Nigeria Exchange Limited.

 

Equities Trading

We offer a range of trading services to our individual and institutional clients which include executing trade in listed equities on the NGX and unlisted equities on the NASD (OTC platform) as well as consummating block trade transactions. We involve our clients’ in the decision making process of managing their portfolio. We are one of the top players in the equities space, with demonstrated capacity to generate flows on large and mid-cap stocks. We also create large volume access to Institutional Investors and Asset Managers to provide ease of entry and exit to large volume trades.

Fixed Income Trading

At Greenwich Securities, we facilitate trading in fixed income instruments in the primary market through auctions and in the secondary market. Our Fixed Income traders bring their expertise to the fore to provide flawless execution in respect of the following instruments:

  1. FGN Bonds
  2. FGN Savings Bonds
  3. State Government Bonds
  4. Corporate Bonds
  5. Eurobonds
  6. Commercial Papers
  7. Promissory Notes

StockBroker and Receiving Agents to Capital Issues

We facilitate the listing of primary issuance of equities and fixed-income instruments on the NGX, NASD and FMDQ. We provide guidance to our clients to ensure that all statutory documents are in line with the shares listing requirements. We also distribute primary market products by acting as receiving agents to Issuers on such primary market offerings.

Placement Agents

We act as Placement Agents for capital raising activities on behalf of Corporations and Governments. We leverage on our vast relationship network to provide efficient Placement Agent services.

Greenwich Connect

Greenwich Connect is a specialised suite of services packaged by Greenwich Securities Limited and is designed to help our clients resolve the challenges associated with their investments.

Our business relationships and frequent liaison with various registrars and other repository bodies, give us the advantage to discover and retrieve, with due authorisation from the beneficiary, any or all outstanding investment benefits that may have accrued to our clients. This includes benefits from corporate actions of companies in whose instruments the portfolio may have been invested, e.g. outstanding dividends or other distributions, bonus shares or dematerialised share certificates.

Our experience also enables us to effectively reconcile our clients’ Central Securities Clearing System (CSCS) accounts to reflect their true position.

The following are some of the services we provide through Greenwich Connect:

  1. Conduct of Global Accounts Search;
  2. Reconciliation of Shareholdings;
  3. Retrieval of Investment/ Corporate Benefits;
  4. Consolidation of Investment Portfolio Accounts;
  5. Revalidation of Stale Dividends;
  6. Change of Mandate and Correction of Names;
  7. Registration for E-Dividend;
  8. Dematerialisation of Share Certificates;
  9. Collection of Activity Reports;
  10. Transmission of Shares.

Research Capability

Greenwich Research boasts of a robust database that is managed by our team of seasoned investment research analysts, economists and strategists. We provide an array of research analysis to our clients. An example of this is our insightful research report that provides in-depth coverage of the domestic economy, economic intelligence, company/industry specific reports and weekly stock recommendations.

 

Online Trading Platform

Our online trading platform, “mytradebook”, is a real-time channel that gives users access to trade securities directly on the NGX from the comfort of any location using an internet enabled device.

Trading via mytradebook application will allow our clients’ experience a new world of trading by facilitating speedy execution of transactions with convenience and control over their investments as well as access to quality research resources. Benefits of mytradebook are:

  1. Access to the Nigerian Exchange Limitedmytradebook keeps clients online real time with The Nigerian Exchange Limited (NGX) which is the largest stock exchange in West Africa. It records an average daily trading value of USD 26.1 million and has an aggregate market capitalisation of USD 82.2 billion. As of September 12, 2024, the Nigerian Exchange (NGX) had 393 listed securities.
  2. Increase clients’ wealth with superior returns in the Equities Market: trading through mytradebook enables our clients’ partake in the opportunities the market presents, thereby enhancing their personal wealth.
  3. 3.Transparency in trading: mytradebook enables clients’ receive transaction alerts immediately their trades are executed.
  4. 4.Quick investment decisions: with the various portfolio valuation updates on mytradebook, clients can quickly assess the performance of their portfolio to make informed decisions. Be the first to hit the market, as our FIX-enabled platform is directly linked to the floor of the NGX.

Other Advantages of using mytradebook

1.View and manage portfolio(s);
2. View cash account;
3. Prompt feedback on the status of mandates or orders;
4. Quick funding of accounts through the e-payment platforms, and withdrawals can also be made through the portal;
5. Access to detailed valuation reports;
6. Ability to monitor and retrieve transaction history.

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