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In recognition of the contributions made by FMDQ OTC Securities Exchange (“FMDQ” or the “OTC Securities Exchange”) to the development of the Nigerian financial markets, the OTC Securities Exchange won the ‘Most Innovative in Financial Markets’ Award at the first BusinessDay Top 25 Most Innovative Companies & Institutions in Nigeria Awards 2017.
The Nigerian financial markets have undergone significant changes in recent years, and FMDQ, having risen to its commitment to revolutionise the markets, by, among others, bringing them to par with the global markets, has continued to lead the pace through timely service, product and market development innovations.
From its visionary stride in successfully facilitating the Naira-settled OTC FX Futures Market, launching the short-term bonds product initiative, pioneering a Nigerian securities exchange learning institution, the FMDQ Academy, to championing the market-wide Nigerian Debt Capital Markets Development Project, FMDQ has indeed and in no small measure, created value geared towards the ultimate growth and development of the Nigerian economy.
As an innovation-driven OTC Securities Exchange, availing the markets unique opportunities and aligning its operations and activities with international standards, FMDQ’s efforts in transforming the Nigerian financial markets through its “GOLD” (Global Competitiveness, Operational Excellence, Liquid and Diverse) agenda have been validated by this Award.
FMDQ is the foremost debt capital-focused OTC securities exchange in Nigeria, and has, since its launch onto the Nigerian financial markets landscape in 2013, continued to challenge the norm and explore new frontiers in the fulfillment of its mission to empower the financial markets to be innovative and credible, in support of the Nigerian economy.
