Do you know you can buy and sell shares of companies not listed on the Nigerian Stock Exchange such as Friesland WAMCO, MTN, Jaiz bank, Golden Capital etc. This is made possible with the introduction of a formal OTC market named NASD PLC whicj licensed by the Securities and Exchange Commission to operate as platform to raise capital for companies with tradable shares not listed on the exchange.

Even currently, if you have shares of companies that are delisted on the exchange, these shares can be traded for liquidity sake or capital raising. Investors can now express total joy for the introduction of a formal OTC market in the Nigerian Capital market. This will bring about transparency and price discovery of currently traded public companies in the black.

NASD PLC is the promoter of a Trading Network that eases secondary market trading of all securities of unquoted public companies primarily in Nigeria but with a focus on the West African region. Our intention is to stimulate growth by easing the capital raising process. We bring together all stakeholders in capital flows to a common environment where interactions are safe, efficient, transparent and appropriately priced. Operators in our environment include Issuers of equity and fixed income instruments, Institutional and individual investors, a growing pool of accredited Authorised Traders and their Participating Institutions, Settlement banks, Clearing systems, private equity and venture capital firms with a view to increasing liquidity in the unquoted segment of the long term funding market.

Should you have further queries, please feel free to drop your queries here or visit the website.

http://www.nasdng.com

NASD is a Trading Network that seeks to ease secondary market trading of all non-quoted securities in the West African region, thereby stimulating growth and transparency through more efficient capital raising processes in an open and regulated market.

NASD started as the National Association of Securities Dealers and it is owned by 59 capital market operators. It has been licensed by the Securities and Exchange Commission (SEC) to trade a broad range of over-the-counter (OTC) instruments including unlisted equities and bonds in Nigeria. NASD is focused on promoting and operating an alternative trading system open to all interested and registered securities dealers in Nigeria.

All publicly held securities registered with the SEC are tradable on NASD Platform, thereby providing a reduction between ask and bid prices characteristic of an opaque market.

Securities currently admitted on the NASD OTC trading platform are but not limited to the following below:

INDUSTRIAL AND GENERAL INSURANCE PLC
FOOD CONCEPTS PLC
NIGER DELTA EXPLORATION AND PRODUCTION PLC
CONSOLIDATED BREWERIES PLC
FRIESLAND CAMPINA WAMCO PLC
GEO FLUIDS PLC...... etc
We urge everyone to dematerialize their share certificates in the above listed companies to enable them trade on the shares.

NASD is a Trading Network that seeks to ease secondary market trading of all non-quoted securities in the West African region, thereby stimulating growth and transparency through more efficient capital raising processes in an open and regulated market.

NASD started as the National Association of Securities Dealers and it is owned by 59 capital market operators. It has been licensed by the Securities and Exchange Commission (SEC) to trade a broad range of over-the-counter (OTC) instruments including unlisted equities and bonds in Nigeria. NASD is focused on promoting and operating an alternative trading system open to all interested and registered securities dealers in Nigeria.

All publicly held securities registered with the SEC are tradable on NASD Platform, thereby providing a reduction between ask and bid prices characteristic of an opaque market.

Securities currently admitted on the NASD OTC trading platform are but not limited to the following below:

INDUSTRIAL AND GENERAL INSURANCE PLC
FOOD CONCEPTS PLC
NIGER DELTA EXPLORATION AND PRODUCTION PLC
CONSOLIDATED BREWERIES PLC
FRIESLAND CAMPINA WAMCO PLC
GEO FLUIDS PLC...... etc
We urge everyone to dematerialize their share certificates in the above listed companies to enable them trade on the shares.