SECURITIES TRADING
We create value by providing well timed execution services underpinned by reliable processes and seasoned personnel overseeing these processes.
We have excellent IT processes and have also leveraged technology to provide instant trading capabilities to our clients from our devices. Our team is committed to helping clients make informed decisions that lead to maximized investment returns. Our Securities trading business provides access to primary market opportunities for listed equities (IPOs, Right Issues, Offer for Sale and Offer for Subscription) and fixed income securities (Bonds and Treasury bills). In addition to this, we offer secondary market trading services for Clients who want to buy and sell their listed Shares and Bonds on the floor of the Nigerian Stock Exchange.
Furthermore our specialized equity sales force is tuned to our client’s needs, through our knowledge of the system, we are able to translate research findings to investment opportunities for our client’s specific objectives to be accomplished.
Our services includes Security Dealing, Fixed Income Securities, Equities, Derivatives Instruments, Commodities Trading and Foreign Exchange. With our Brokerage Services, we offer a user friendly and efficient platform for the execution of trades on the floors of the Nigerian Stock Exchange. Our comprehensive range of Securities Trading Services, allow clients to choose exactly how they wish to invest in the stock market to best suit their individual requirements.
Stockbroking
We provide world-class stockbroking services to local and foreign investors trading in the Nigerian capital market. We provide a full range of capital market related financial services. Our Clients decides what securities should be bought on the floor of the Nigerian Stock exchange. We act on behalf of our clients to make the stock management decisions. Sales and purchasing decisions will be made on behalf of our clients based on our research, experience and expectations.
Our excellent service is driven by our thorough research, using the right tools and providing 24/7 customer service. With our real time streaming quotes, our clients enjoy seamless online access to their accounts, which allows them to monitor, track order placements and confirm trade executions. With our experienced in house analyst, we guide our clients in making informed investment decisions.
Our functions are:
- Purchase and sale of shares on behalf of our clients.
- Certificate/ dividend recovery and revalidation at the Registrar.
- Transmission of deceased investors’ shares to the beneficiaries.
- Capital Market Research and reporting through monthly bulletins.
- Strategy and Position taking on stocks.
- Private funds and Asset management.
- Active Stock Trading – Buy Low, Sell High “BLOSH”.
We work closely with each client to identify their goals before determining the appropriate investments and strategies to match their needs. All clients are assigned a fund manager to administer and monitor their funds as well as provide feedback and support. We will administer your investments and provide timely account reports detailing the position of your stocks.
Security Dealing
With a wealth of knowledge and experience in arranging securities dealing in the world financial markets, DPH Securities offers an efficient and straightforward securities dealing service.
To address the challenges of accessing liquidity in fragmented markets, as well as meeting growing regulatory standards, clients and investment managers can outsource their dealing desk to us in order to optimize their cost structure.
Solutions
1. Buy Side dealing
Our buy-side dealing desk solution offers the flexibility to outsource all or part of your dealing function. This solution provides you with better access to liquidity and strong best execution processes to comply with your regulatory requirements.
You can rely on us to cover the full life-cycle of a trade – from execution to custody and fund administration. We manage your orders within your existing list of brokers/counterparties and apply the trading conditions defined by your investment teams. We maintain full audit trails and ensure we comply with your execution requirements, providing a full range of activity and best execution reports on your trading flows.
2. Single entry point
Our solution covers all financial instruments and global markets, allowing you to diversify your investment portfolio by benefiting from a truly global dealing platform.
Fixed Income Securities
We provide bespoke Fixed Income Service that includes Trading and Brokerage on FGN Bonds, Treasury bills, and Corporate Bonds etc on behalf and for our clients to help them fulfil their short, medium and long term strategic goals.
There are tremendous opportunities in the Nigerian fixed income securities market for investors to create wealth.
Our services are designed for investors with a preference for low risk to generate regular income and for clients who want to significantly reduce the volatility of the return of their investment in their investment portfolio. In addition to this, we also work with Governments and Corporate Organizations who require fixed income instruments in order to burrow and finance their activities on either a short or long term basis.
Advisory services
- The Nigerian Government Treasury Bills (NTBs) are short-term debt obligations backed by the FGN with a maturity not more than one year.
- Commercial Papers (CPs) are issued by corporate organisations to finance short-term obligations of not more than 270 days and are usually issued at a discount to face value.
- Medium-Term Notes (MTN) – an asset holding period or investment horizon that is intermediate in nature.
- Certificates of Deposit (CD) – a certificate usually issued by a commercial bank to a person depositing money for a specified length of time at a specified rate of interest.
- Convertible Bonds – a bond that can be converted into a pre-determined amount of the company’s equity at certain times during its life.
- Debentures – a long-term security yielding a fixed rate of interest issued by a company and secured against assets.
Equities
If you are looking to participate in the equity market for the long haul, or your looking to do tactical trading and effective portfolio management, then look no further and let us help you. We give focused advice, we provide structuring and execution services across derivatives, cash equities, and structured investments.
Our equity specialist help you access more than 70 markets around the globe, in addition to this, we enable you transact in the way that works best for you. Our services are tailor made for you, with a flexible approach, we ensure that we are able to address your specific objectives. We provide best execution services for different categories of clients ranging from retail (individuals, families and small businesses) and institutions (global brokers and domestic portfolio/Investment managers) both on equity and fixed income securities.
Derivative Instruments
With this, we provide a capital-efficient way to gain exposure to underlying assets, this creates greater volatility which amplifies gains and losses and we enable investors to take advantage of price movements in the underlying assets.
Derivatives are suited to both professional and private investors who wish to hedge an open position or gain exposure to assets and markets without necessarily holding the underlying Assets which may also be traded by speculators with the sole purpose of making profits on short-term price movements.
Services
- Forward Contract: This is a derivative contract in which the terms are very similar to a cash-and-carry agreement, except that delivery and transfer of ownership of the underlying asset is in future
- Future Contract: This is a contract under which one party agrees to deliver to another party on a specified date (the “maturity date”) a specified asset at a price (the “strike price”) agreed at the time of the contract and payable on the maturity date.
- A Swap: This is a derivative in which two counterparties exchange cash flows of one party’s financial instrument for those of the other party’s financial instrument.
- An Option: This is a contract which gives the buyer (the owner) the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price on or before a specified date.
Commodity Trading
Here, trading is done in the primary economic sectors which enables our clients to benefit from a fractional position as well as providing virtual funds for commodity trading in a risk free environment. We are able to offer a safer approach to investing in commodity trading as opposed to their risker ways of investing your capital.
With the help of Commodities Trading Online on the materials, like silver and gold, we offer many benefits to the investors during the time of uncertainties in the economy
Managing the risks associated with your commodity trading operations can be challenging, with so many stakeholders working together across the supply chain.
Our risk management experts will look at your trading operation and identify risks in areas including:
- Transportation planning
- Tracking
- Documentation (import/export permits)
- Quality assessment and testing – with help, experts and laboratories are available
- Quantity/volume measurement – our experts are available worldwide
- Fraud
- Supply chain
Whether you are trading agricultural goods, fertilizers, gas, chemicals, oil, ore, coal, biofuels, or steel, our specialist teams can help you find the best approach.
Gold, silver, platinum and palladium (“all precious”) can be executed on either a physically or financially settled basis.
Foreign Exchange
As an active player in the trading of FX Spot and FX Forwards in the local money market, we possess a sound knowledge of the local market and we also have the ability to navigate its regulatory environment. Our Products and Services are developed to provide multinationals and other clients in- depth analysis and innovative solutions to their foreign exchange needs.
Services
a) Spot Purchase:
Where a customer has trade obligations to settle in a foreign currency, this is most likely the case where the customer is an importer and he requires foreign exchange to pay his own customer (the exporter) in another country and in another currency.
b) Spot Sale:
A customer may also be in possession of foreign exchange and may wish to sell it to the bank in return for Naira.
c) Foreign Exchange Forward:
A forward rate is a rate agreed upon by two counter parties to be used to convert one currency into another at a determined future date.
d) Currency Swaps:
This is a foreign exchange agreement between two parties to exchange the principal and/or interest of an asset or liability in one currency for equivalent amounts in another currency at a pre-determined time.
e) Other Currencies:
A customer may buy or sell other currencies like GBP, Euro against the USD without converting to Naira.
The Nigerian FX market consists of two dealing segments:
- Over The Counter (OTC) Dealing: The critical market with many suppliers and market makers. Major participants include:
a. CBN
b. Authorized Dealers: Financial institutions licensed by the CBN to make market in the FX markets.
c. Corporate and Retail End-Users
2. Bureau-de-Change: The market for retail cash transactions
