Securities dealers seek for re-introduction of margin loans

Securities dealers seek for re-introduction of margin loans


Securities dealers seek for re-introduction of margin loans

Trading closes red on NSE, investors lose N279bn

Trading closes red on NSE, investors lose N279bn

By Peter Egwuatu

Against the backdrop of persistent bearish sentiment in the Nigerian stock market, security dealers are now seeking for a re-introduction of margin loans in the market while calling for government participation in the actual trading investments in the market.

These measures, according to the Association of Securities Dealing Houses of Nigeria (ASHON), would address the challenge of weak liquidity that has undermined market rallies persistently.

Notably, margin lending had caused a huge bubble of bullish market between 2005 and 2009, which created…

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Securities dealers seek for re-introduction of margin loans

 

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