CIS, LCFE signs MoU to onboard 2000 stockbrokers

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THEREQ CIS, LCFE signs MoU to onboard 2000 stockbrokersBy Peter Egwuatu

The Chartered Institute of Stockbrokers (CIS) has signed a Memorandum of Understanding (MoU) with the Lagos Commodities and Futures Exchange (LCFE) to onboard no fewer than 2000 stockbrokers to trade on LCFE.

Prior to the historic (MoU), the two organisations had held series of meetings on the need for collaboration in some areas of commodities and futures trading.

By the MoU, the two organisations shall collaborate in the on boarding of CIS’ members into the platform of LCFE, creation of Certification courses in Agricultural Commodities, Solid Mineral Commodities, Oil and Gas Commodities and Currencies and organisation of joint training and manpower development, including Continuing Professional Development (CPD).

Vanguard gathered that with the MoU, the CIS shall use its platform and contacts to mobilize its members and other operators in the financial services industry to attend Training programs and any certificate courses jointly organized by CIS and…



Source: Vanguard Newspaper