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B0236
The Nigerian stock market have operated using the call-over system since inception, however, the call over system of trading was effective in handling the for few market transaction of the time. The emergence of a large trading facility as a result of the privatisation and the commercialisation of the hitherto government stock made the system feeble and unable to handle large transaction in the market, thus, necessitating the macrostructure change to the Automated Trading System (ATS) in 1999. Survey method using structured questionnaire was adopted for the study. It was revealed that the ATS was an effective trading system. The system brings about an efficient settlement system and foster new trading opportunities. It was recommended that to reduce human interference in the market further internationalisation of the market should be encouraged.
Dr. Kehinde James Sunday. 1970. \u201cMicrostructure Change and the Effective Trading System: The Nigerian Experience\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 12 (GJMBR Volume 12 Issue A10): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
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Total Score: 108
Country: Nigeria
Subject: Global Journal of Management and Business Research - A: Administration & Management
Authors: Dr. Kehinde James Sunday, Ishmael Omah, Moruf Oladimeji (PhD/Dr. count: 1)
View Count (all-time): 131
Total Views (Real + Logic): 21084
Total Downloads (simulated): 10973
Publish Date: 1970 01, Thu
Monthly Totals (Real + Logic):
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The Nigerian stock market have operated using the call-over system since inception, however, the call over system of trading was effective in handling the for few market transaction of the time. The emergence of a large trading facility as a result of the privatisation and the commercialisation of the hitherto government stock made the system feeble and unable to handle large transaction in the market, thus, necessitating the macrostructure change to the Automated Trading System (ATS) in 1999. Survey method using structured questionnaire was adopted for the study. It was revealed that the ATS was an effective trading system. The system brings about an efficient settlement system and foster new trading opportunities. It was recommended that to reduce human interference in the market further internationalisation of the market should be encouraged.
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