Eagle Global Markets (EGM), has reiterated the importance of innovation and financial technology (fintech) particularly in a developing economy like Nigeria.
The fintech firm stated this recently when representatives from the Enterprise Innovation Hub and Technology Services units of the Nigerian Stock Exchange (NSE), visited its office in Lagos.
EGM noted that in today’s financial world, the advancement in technology has helped bridge international boundaries, making the whole world behave like a single market.
EGM, an award winning fintech firm through its next generation ‘Cloudtrade’ Platform, and MT4 Terminal gives access to competitive prices on thousands of markets in UK, U.S., Australia, China, Europe and many more using the local currency (Naira).
The Director of Operations, EGM, Temitayo Sanusi, said: “It was a pleasure having the NSE at our office in Ikoyi, and they were highly delighted to have the opportunity to present EGM to other indigenous brokers, as investing in the global markets provides alternative viable options for Nigerians in general looking to diversify their investment portfolio.”
He added that, “The importance of innovation and technology in our industry cannot be stressed enough and we look forward to having a beneficial business relationship in the near future.”
Also speaking, the Head of Technology Services, Abolaji Oyebo, said trading the global markets in Naira is a cutting-edge innovation, as it brings convenience, comfort, flexibility and access to Nigerians investors.
According to him, the cloudtrade platform provides immense opportunities for the Nigerian clientele, as they get to trade global financial instruments in local currency.
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“EGM provides one of the best educational services in the industry with frequent in-depth market analysis and update for the provision of efficient and effective support services to interested clientele,” he added.
The Chief Market Analyst, EGM, Uchenna Minnis, said aside the enormous opportunities in investing in the global markets, there is the mandatory essence for investors and traders to understand the dynamics that drive the valuation of asset price.
“EGM clients can also speak with dedicated international trading specialists; in addition to getting free training and resources on how to become a successful in trading. Its Cloud Trade platform gives you access to CFDs ‘Contract For Difference’. ”
“This enables you to speculate on the rising or falling prices of fast-moving global financial markets; futures (a contract to buy specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future), and stocks (E.g. Apple shares, Netflix, Amazon, Facebook, Nike …etc.), with markets available 24 hours 6 days a week using Naira.”