{"id":5741,"date":"2026-09-22T18:48:30","date_gmt":"2026-09-22T18:48:30","guid":{"rendered":"https:\/\/tyndale-securities.com\/?page_id=5741"},"modified":"2026-10-09T15:00:21","modified_gmt":"2026-10-09T15:00:21","slug":"faqs","status":"publish","type":"page","link":"https:\/\/tyndale-securities.com\/index.php\/faqs\/","title":{"rendered":"Frequently Ask Questions"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWHO IS TYNDALE SECURITIES LIMITED?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t
Tyndale Securities Limited (TSL) is a stockbroking firm registered by the Securities & Exchange Commission of Nigeria (\u201cSEC\u201d) and licensed on the 27th of August, 2015 by Nigerian Exchange Limited (“NGX”) to deal in securities on the floor of NGX. TSL is also registered with NASD and DMO.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWHAT DO I NEED TO OPEN A STOCKBROKING ACCOUNT WITH YOU?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t
The minimum amount required to open a Stockbroking account is N5m (five million naira) which can be a cheque, transfer of shares already resident with other stock broking firms or a combination of the two.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWHAT IS YOUR PROCEDURE AS REGARDS PLACING OF MANDATES?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t
You can place your mandate via our on-line portal using your given access codes, send it via e-mail to mandates@tyndale-securities.com<\/a> or printed mandate can be dropped in our office by the client. However, the deadline for receiving mandate is 8.00am on the intended business day of execution.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWHAT IS YOUR PROCESS IN RESPECT OF CANCELLATION, AMENDMENT AND WITHDRAWALS OF MANDATES?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t
Cancellation, amendment and withdrawals of mandates can be done through brokerage account or email to mandates@tyndale-securities.com<\/a> subject to a deadline of 8.00am on the intended business day of execution.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tHOW DO I MONITOR MY STOCKS?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t
You can monitor your stocks by accessing your stockbroking account on www.onlinetyndale-securities.com<\/a>\u00a0with your login details.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWHAT IS THE MAXIMUM CASH DEPOSIT INTO MY STOCKBROKING ACCOUNT?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t
The maximum cash deposit of N50,000.00 is allowed directly into your stockbroking account. Deposit above N50,000.00 have to be done through other payment instruments such as cheque, draft or fund transfer as stipulated in the Securities and Exchange Commission regulations.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tHOW DO I KNOW WHEN MANDATES ARE EXECUTED ON MY BEHALF?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t
An automatic trade notification e-mail will be sent once a trade is carried out on your account through your mandate email address. We require a valid and serviceable email for this purpose. You will also be notified by CSCS Trade Alert.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tCAN I USE MY SHARES AS COLLATERAL FOR LOAN?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t
You would request the lending institution to write us a letter requesting for lien placement on the stocks you intend to use as collateral for the loan stating the facility details. Lien placement is subject to approval in writing.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWILL TSL GIVE ME REGULAR ADVICE THAT GUIDES MY DECISIONS?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

Our robust market analysis provide detail report for client to take investment decision. While we are an execution only brokerage house, our clients access to our highly acclaimed research reports help guide in investment decisions.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tHOW DO I GENERATE MY STATEMENT ONLINE?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

To generate your statement online, simply follow the steps below:<\/p>\n