The Nigerian Stock Exchange has announced plans to acquire Nasdaq’s smarts market surveillance platform to power their compliance programme..
In a statement released by the local bourse on Thursday, the NSE explained that the technology will help with the provision of surveillance expertise to protect the market from manipulation.
The General Counsel and Head of Regulation at the NSE, Ms Tinu Awe said that this move would ensure the protection of investors as well as monitor the increasing complexity of trading activities at the markets.
In 2013, the Nigerian Stock Exchange migrated to the NASDAQ X-Stream trading platform which is the fastest trading engine in Africa.
