Security isn't a feature we bolted on at the end.

When you move real capital across borders, security has to be the foundation everything else stands on. Here is what that means in practice, and what it does not cover.

Who holds what

ARM Securities LimitedExecuting broker
A licensed dealing member of the Nigerian Exchange Group (RC 125242). Every order you place is executed by ARM, not by Xodos.
Rand Merchant BankCustodian
Holds the shares you buy. Customer assets are held separately from Xodos's own assets.
CSCSClearing and settlement
Central Securities Clearing System Limited, the licensed depository for the Nigerian capital market.