By PETER  EGWUATU

As part of its support to the financial inclusion policy introduced by the Central Bank of Nigeria, CBN, Capital Bancorp Plc has said that its e-Trade platform was meant to encourage and attract more local investors to the nation’s capital market.

The company said that its e-trade platform is to further boost the transparency of its activities in the capital market.

Speaking at a press conference to commemorate one year anniversary of its e-Trade platform, Chairman, Capital Bancorp Plc, Mr. Tola Mobolurin said: “We need to revive the interest of local investors. So, that is why, we attach a lot of importance to things that would make it easier for investors to embrace the capital market and boost investment in Nigeria. The Bancorp e-Trade provides opportunities for all kinds of investors, but specifically we are targeting retail investors as we would also provide other platform for institutional investors.”

In his presentation of the e-Trade platform, Managing Director, Capital Bancorp Plc, Mr. Aigboje Higo, said “ The Bancorp e-Trade platform is an inventive retail stock broking on line service offering , carefully crafted to provide access to stockbroking services for the busy executive and upwardly mobile young adults.”

To this extent, he explained that it is a platform to encourage financial inclusion for the investing public through a user friendly and simple online interface.

According to him “It is about the ease of stockbroking transactions from the comfort of homes, offices as you are only a click away via your handheld, portable tablet or the good old computer system.

On why the company decided to embark on e-Trade platform, Higo said “We introduced this platform to leverage on today’s Information Technology (IT). It is also to make trading in shares /bonds more inclusive that is, capturing more of retail segment of the market. We want also to make trading in shares/bonds closer to everyone. Stockbroking office cannot be opened everywhere. We believe that with this technology the company should be able to reach any investor wherever he or she is.”Continuing, he said the platform should be able to stimulate savings habit among youths, such as graduates,