LCFE inducts 33 more commodities brokers

Lagos Commodities and Futures Change (LCFE) has onboarded and inducted one other 33 commodities brokers in its resolve to draw technology-savvy professionals into the market. The Pan African Change had inducted over 200 commodities brokers up to now inside one yr of its inauguration.

The newest within the sequence, together with the 2nd vice chairman of Chartered Institute of Stockbrokers (CIS), Fiona Ahimie received inducted on the weekend after intensive coaching, together with publicity to completely different commodities asset lessons.

” LCFE has developed a method to enlighten and deepen the brokers’ data of the commodity ecosystem and the necessary function they play in it. Our Commodities Brokers signify a brand new age with contemporary vitality for the market.

The commodities ecosystem is so broad that as we develop and develop, brokers will concentrate on completely different asset lessons,” stated Akin Akeredolu-Ale, Managing Director/Chief Govt Officer, LCFE.

Mike Itegboje, a previous president of CIS defined that the Change had since its inception established itself as a reliable platform.

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In response to him, LCFE ought to sustain with the time and incorporate cryptocurrencies as an asset class in its curriculum as a way to entice traders which have digital background.

Sam Onukwue, a director of LCFE urged the inductees to develop merchandise that can entice excessive web value traders and create worth for all stakeholders. He famous that The Change had acquired large assist from the Lagos State Authorities, particularly within the space of patronage.

Rasheed Yussuff, one other director of LCFE charged the commodities brokers to work in direction of fostering an environment friendly commodities change. In response to him, there ought to be a devoted platform for the commodities brokers to work together and change concepts as professionals.

The occasion featured the oath-taking ceremony by the inductive, presentation of certificates and ornament of the inductees by the senior professionals referred to as Doyens within the capital market.

Different key audio system on the occasion embody the representatives of the Director of Lagos Liasion workplace of Securities and Change Fee (SEC), John Achille, Ariyo Olushekun, previous president, CIS and Ropo Dada, the present 1st vice chairman of the Institute.

Some notable inductees included Charles Okonkwo, Managing Director, PAC Securities; Funmilola Babalola, Managing Director, Apel Registrars; Ife Fashola, Group Managing Director, Kedari Capital Group; Femi Sanusi, Managing Director, Santrust Capital.