Nadim Najjar, MD for Middle East and Africa at Refinitiv

Refinitiv has announced the introduction of real-time coverage for the BRVM (Bourse Régionale des Valeurs Mobilières) for equity and fixed income markets. The BRVM is the regional stock market for WAEMU’s (West African Economic and Monetary Union) eight member states including Senegal, Niger, Ivory Coast and more.

Dr. Edoh Kossi Amenounve, Chief Executive Officer of BRVM noted: “The launch of real-time coverage from Refinitiv for our member states will undoubtedly enhance BRVM’s market infrastructure and reduce friction for investors looking to participate in our market. This move towards real-time data and analytics coverage makes us globally competitive and cements the positions of our member states as attractive destinations for investments.”

The supplier states that the coverage will provide Refinitiv’s customers with access to real-time data from the BRVM. The users can access the data in their applications via the Elektron Data platform or the desktop via Eikon. It is also expected to assist traders and investors in identifying regional opportunities.

Nadim Najjar, Managing Director for Middle East and Africa at Refinitiv said: “We are very excited to be leveraging the power of our global platform to improve access to data on this important and growing region. Real-time coverage of the BRVM will help to connect global capital markets participants with regional opportunities to deepen market participation.”

Founded in 2018, UK-based Refinitiv is a provider of financial markets data and infrastructure.

by Megha Bhattacharya
Market Analyst at IBS Intelligence