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Meritrade is an online platform under Meristem Securities Limited and was incorporated in 2014. The platform allow users trade stock online on the Nigeria Stock Exchange. In 2016, the platform was voted the best online trading platform. [6] Last year, Meritrade launched Merigame, a virtual game that allows users buy and sell stocks for fun. [7]
The Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, is an integrated stock exchange group in Africa founded in 1961 in Lagos.Following the demutualization of the NSE in 2021, NGX Group now has 3 subsidiaries - Nigerian Exchange Limited (NGX), the operating exchange; NGX Regulation (NGX RegCo, the independent regulation company; and NGX Real Estate (NGX RelCo).
Some states have signed agreements establishing multi-state regional stock exchanges while other larger states may hold more than one, or even specialised stock exchanges. Among the list include the conceptualized Commonwealth free trade area, and nations which make up the proposed CANZUK -bloc.
The NCX is primarily involved with the trading of commodities such as maize, sorghum and millet, as opposed to trading in securities such as bonds and company stock. The Nigeria Commodity Exchange has concluded plans to set up a market information system for 12 commodity markets in the country.
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This is a list of notable futures exchanges. Those stock exchanges that also offer trading in futures contracts besides trading in securities are listed both here and the list of stock exchanges .