Nigerian Exchange limited on Wednesday announced the release of the enhanced version of its mobile app, X-Mobile, to further improve access to the market.
The app which was first launched by the Exchange in 2019 in beta state, was designed to improve investors’ participation in the Nigerian capital market.
The app provides the user a “convenient, faster and real-time access to information about NGX, its listed securities and Trading License Holders,” according to the Exchange.
The exchange listed the features of the app to include market snapshots and analytics, securities prices, financial news and trade simulation.
It also provides a directory of NGX Trading License Holders, as well as aggregated access to their online and mobile trading Apps.
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In addition, users of X-Mobile can create personalized watch lists to keep track of chosen securities, thereby eliminating the need to access multiple information sources.
Existing users of the app’s beta version will be required to create new accounts, as the X-Mobile now requires password login.
“The delivery of X-Mobile is in line with NGX’s strategic intent to provide an exchange that is easily accessible to stakeholders leveraging digital technology,”said the Chief Executive Officer, NGX, Mr. Temi Popoola, CFA.
“X-Mobile, therefore, provides a platform to engage with existing and potential investors who now have an increased appetite for data and detailed disclosure information to aid sound investment decisions. We are confident that the app will complement the NGX website and other NGX portals currently being used to provide information to market stakeholders.”
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.
