Lambeth Capital Limited is registered as a Trading License Holder with The Nigerian Exchange Limited (NGX), and Bamboo operates as a registered sub-broker under Lambeth. This partnership ensures that your investments through Bamboo are conducted under the regulatory framework established by the NGX.
As a result, activities carried out through Bamboo benefit from the protections extended to Lambeth as a Trading License Holder. Specifically, investors are covered by the NGX Investors’ Protection Fund, which is designed to compensate investors who experience genuine pecuniary loss due to:
Insolvency, bankruptcy, or negligence of a Trading License Holder firm.
Misappropriation or fraud committed by a Trading License Holder firm, or any of its directors, officers, employees, or representatives, involving securities, money, or property entrusted to the firm in its capacity as a capital market operator.
Eligible claims under this fund can be made for compensation up to N400,000, but it’s important to understand that:
Protection applies to activities conducted through Bamboo as a sub-broker of Lambeth.
Terms and conditions apply, and compensation is not guaranteed.
Investors must follow the claims process set out by the Nigerian Exchange Group.
For more details on eligibility and the claims process, please review the attached document or contact the NGX directly.