Tag Archives: FMDQ

As part of its drive to help deepen the debt capital market, FMDQ OTC Securities Exchange has availed its platform for the registration, listing and quotation, and trading of debt securities. Specifically, the OTC Exchange has welcomed another corporate commercial paper (CP) programme registration, the Rand Merchant Bank Nigeria Limited ₦80 billion Commercial Paper Programme (the Rand Merchant Bank CP …

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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 …

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Healthy financial markets, the world over, form one of the key underlying basis for successful economies. From the developed nations of the United States of America, United Kingdom, to the emerging markets in Turkey, India and the developing countries such as Nigeria, Egypt etc., fully functional and well regulated financial markets have fast tracked and endeared investors into these economies. …

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FMDQ OTC Securities Exchange on Tuesday signed a Memorandum of Understanding with Dow Jones Indices, a division of S&P Global, for the adoption of S&P Nigeria Sovereign Bond Index. The S&P Nigeria Sovereign Bond Index tracks the performance of local currency denominated sovereign debt, publicly issued by the Federal Government in its domestic market. The index is a sub-index of …

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FMDQ OTC Securities Exchange (‘FMDQ’ or the ‘OTC Exchange’), has since its launch onto the Nigerian financial markets landscape in 2013, championed initiatives geared towards providing an enabling environment for the growth and development of the Nigerian fixed income, currencies and derivatives markets and the economy at large. As a market organiser, the OTC Exchange has through its product and …

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OTC Market records 5.45 % decline YoY in September   Turnover of transactions carried out in the Fixed Income and Currency (FIC) markets for the month of September 2016 amounted to ₦10.85trn; an increase of 11.30 per cent (₦1.10trn) over the value recorded in August and a 5.45 per cent (₦0.63trn) decline Year on Year (YOY). Activities in the Foreign …

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